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Phahameng, Phahameng, Bloemfontein, Free State
R 1 290 000
Exceptional High-Yield Investment: Multi-Unit Rental Property in Phahameng Unlock immediate cash flow with this outstanding residential investment property located in the heart of Phahameng. Perfectly positioned for the rental market, this property is already generating a steady monthly income, making it a "plug-and-play" addition to your portfolio. Income Breakdown This property is designed for maximum occupancy and consistent returns: External Units: 2 spacious back rooms, each featuring its own private bathroom. Rental Income: R2,400 per room per month. Main House: Multiple rooms sharing a communal kitchen, lounge, and bathroom. Rental Income: R2,100 per room per month. Property Features Turnkey Investment: Start collecting rent from day one with established tenants and proven rental rates. Smart Layout: The separation of the back rooms with private facilities adds significant value and privacy, commanding a premium rental price. Communal Living: The main house offers a functional shared living space, including a kitchen and lounge, ideal for students or young professionals. Prime Location: Situated in the vibrant Phahameng area, ensuring high demand and low vacancy rates. Why Invest Here? With a total monthly income exceeding R6,900+, this property offers an aggressive cap rate compared to traditional residential listings. Whether you are a seasoned investor or looking to start your property journey, this Phahameng gem provides the security of multiple income streams under one roof. Secure your future with a property that pays for itself. Contact us today for more information or to arrange a viewing of this high-potential investment!
Estimated monthly repayment
R 12 182
on a R 1 161 000 bond over 20 years at 11.25%
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Phahameng, Phahameng, Bloemfontein, Free State
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Liivra AI market value
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