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Thabong, Thabong, Welkom, Free State
R 450 000
This 368m² property offers an excellent opportunity for investors or buyers looking to generate rental income in a high-demand student accommodation area. The main house consists of: * 2 Bedrooms * 1 Bathroom * Kitchen * Lounge Outside, the property already features 3 additional rental rooms with existing tenants, providing immediate income potential. There is also ample space available to build more outside rooms and further increase monthly rental returns. With a bit of TLC and upgrading, the main house can also be converted into additional student or family rental accommodation, maximizing the property’s income-generating potential. Conveniently located close to TOSA Campus, Welkom College, making it ideal for student accommodation or affordable rentals. Don’t miss out on this affordable investment opportunity with room for expansion and strong future cash flow potential.
Estimated monthly repayment
R 4 249
on a R 405 000 bond over 20 years at 11.25%
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Thabong, Thabong, Welkom, Free State
Area view — the exact address is shared on enquiry.
Liivra AI market value
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