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Ehrlich Park, Ehrlich Park, Bloemfontein, Free State
R 1 300 000
Excellent investment opportunity in Ehrlichpark! This income-generating property offers 5 rental units, making it ideal for investors looking to expand their property portfolio and earn a steady rental income. Each unit is designed for comfortable and independent living, featuring its own bedroom, bathroom, kitchen, and separate electric meter box for convenience and easy utility management. The property currently generates a monthly rental income of approximately R19,000, offering great return potential for investors. Situated in a convenient area, this property is well-suited for long-term tenants and provides multiple income streams from one property.
Estimated monthly repayment
R 12 276
on a R 1 170 000 bond over 20 years at 11.25%
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Ehrlich Park, Ehrlich Park, Bloemfontein, Free State
Listed by
Elmarie Ndlovu
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