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Gariepdam, Gariepdam, Gariepdam, Free State
R 550 000
Situated in the tranquil town of Gariepdam in the southern Free State, this property offers an exceptional opportunity for investors, renovators, or buyers looking to create their ideal home. Renowned for its safe and peaceful atmosphere, Gariepdam provides a welcome escape from the hustle and bustle of city life while still offering all the charm of small-town living. The property currently consists of a three-bedroom house that has been thoughtfully divided into two separate rental units, providing an immediate income-generating opportunity. In addition, the former single garage and domestic quarters have been converted into a separate flat, further enhancing the property's rental potential. While the home would benefit from updating and renovation, it offers a solid foundation and endless possibilities. Whether you choose to continue generating rental income, restore it to a spacious family residence, or further develop the property, the options are plentiful. The generous open yard, currently unfenced, provides ample space for future landscaping, additional improvements, or secure boundary fencing to suit your needs. Properties with this level of versatility and potential are becoming increasingly rare. With a little vision and investment, this could become a rewarding income-producing asset or a comfortable family home in one of the Free State's most peaceful and welcoming communities.
Estimated monthly repayment
R 5 194
on a R 495 000 bond over 20 years at 11.25%
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Gariepdam, Gariepdam, Gariepdam, Free State
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 39% below comparable 3-bed houses for sale in Gariepdam
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Grace Reddy
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