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Phahameng, Phahameng, Bloemfontein, Free State
R 1 580 000
• Units: 11 modern flatlets, each with 1 bedroom and ensuite bathroom • Features per unit: Fully tiled, built-in cupboards & wardrobes, individual electricity meter boxes • Exterior: Securely fenced, fully paved, low-maintenance design • Main house: 2-bedroom home already converted into a flatlet, DSTV connection available • Location: Walking distance to mall, stadium, schools, police station, and main road for taxis Rental Income Potential • Average rental per unit: R2,400 • Total monthly income (11 units): R26,400 • Annual income: R316,800 Why this property stands out: • Ready-to-go rental stream with all units fitted and tenant-friendly • Individual electricity meters ensure hassle-free management • Strong demand location near key amenities • Secure, low-maintenance design ideal for long-term investment This is a turnkey opportunity for savvy investors looking for consistent cash flow and excellent growth potential.
Estimated monthly repayment
R 14 920
on a R 1 422 000 bond over 20 years at 11.25%
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Phahameng, Phahameng, Bloemfontein, Free State
Area view — the exact address is shared on enquiry.
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