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11301 leeuw Street, Bloemside 5, Bloemfontein, Free State
R 749 000
High-Yield Investment Opportunity in Bloemside Phase 5!High-Yield Investment Opportunity in Bloemside Phase 5!Unlock significant rental potential with this well-maintained property, strategically located in the heart of Bloemside Phase 5. This unique offering presents an ideal opportunity for savvy investors seeking a self-paying bond or homeowners looking for a residence that generates substantial income. This original RDP home, enhanced with modern extensions, stands as a rare find in a high-demand rental area.The primary residence is neat and well-kept, featuring a functional layout that includes two comfortable bedrooms, a full bathroom, and an open-plan kitchen and lounge area. A large carport provides ample space for up to three vehicles, ensuring convenience for residents.The standout feature of this property is its income-generating potential, derived from two separate outbuildings. Each outbuilding is purpose-built and comprises two spacious bedrooms, currently generating a proven income of R3,300 per unit, totalling R6,600 per month. When combined with an estimated rental income of R4,000 per month for the main house, the property boasts a total monthly income potential of approximately R10,600. This robust income stream is designed to comfortably cover bond repayments and maintenance costs, making it a true cash cow asset.This property represents a compelling investment in a sought-after location. Dont miss this high-yield opportunity to secure a valuable asset with immediate returns.Key Features6 Bedrooms, 1 Bathroom3 Parking Spaces Carport394 sqm Erf SizeMain Residence with 2 BedroomsTwo Independent 2-Bedroom OutbuildingsTotal Monthly Income Potential: R10,600Well-Maintained with Modern ExtensionsLocated in High-Demand Rental AreaContact us today to schedule your private viewing and embark on your investment journey!REMAX FIRST PTY LTD trading as REMAX First Bloemfontein operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 7 073
on a R 674 100 bond over 20 years at 11.25%
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11301 leeuw Street, Bloemside 5, Bloemfontein, Free State
Listed by
Thandi Masilela
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