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Jim Fouche Park, Jim Fouche Park, Welkom, Free State
R 2 300 000
Prime Investment Opportunity- Volksroad, Welkom. Unlock immediate passive income with this exceptional, turnkey investment property located in the highly sought-after Volksroad, Jim Fouche Park. Perfectly positioned for the corporate rental market, this versatile residence is currently occupied by high-quality corporate tenants on active 6-month leases, ensuring a seamless handover for the new owner.Property OverviewDesigned for maximum flexibility and profitability, this expansive property combines the comfort of a main residence with the convenience of independent living units. The entire property is finished with high-quality tiling throughout and features air conditioning in every bedroom for year-round comfort.Layout & FeaturesMain House: Features 3 spacious bedrooms, 2 bathrooms, and a welcoming, light-filled open-plan living area. This includes a dedicated lounge, dining space, a well-appointed kitchen, and a separate scullerylaundry area.Independent Flatlets: Includes 3 additional separate flatlets, each equipped with its own private bathroom, providing ideal privacy for tenants and maximizing rental density.Jojo tank with pump for back-up water and added convenience.Security & ParkingThe property is built with security and accessibility in mind, offering extensive parking options and robust access control:Garage: Triple 3 automated garage with electric doors.Carport: Covered parking for 2 vehicles.Additional Space: Generous off-street parking for visitors or additional corporate vehicles.Access Control: Secured by 2 separate electric front gates and a key-lockbox.Alarm system for peace of mind.Investment HighlightsImmediate ROI: Benefit from existing, stable corporate rental contracts from day one.Turnkey Convenience: Low-maintenance, tiled interiors and modern climate control make this an effortless addition to any property portfolio.Flexible Configuration: The layout easily adapts to changing market demands, whether continuing with short-term corporate lets or pivoting to long-term residential leases.Some maintenance required.This is a rare opportunity to secure a high-performing asset in a prime location.In order to view potential buyers will have to be pre-approved for bond finance or pre-qualified if cash buyer proof of cash funds to be provided More information to be supplied to serious buyers -furniture included, rental contract details etc.Contact us today to schedule a viewing and secure your investment Show more Show less
Estimated monthly repayment
R 21 720
on a R 2 070 000 bond over 20 years at 11.25%
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Jim Fouche Park, Jim Fouche Park, Welkom, Free State
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Liivra AI market value
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Listed by
Zanele Ntuli
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