R12,550,000
R12,550,000
1,677m² Building For Sale in Navalsig
Ref. CLS4372
Land 1413.00m²
Floor 1677.00 m²
Monthly Repayment
R119,516.58
Carine Odendaal
Carine Odendaal Candidate Property Practitioner - Sales Seeff Bloemfontein PPRA Registered | FFC 20237149633
Monthly Rates R3,050
Total R3,050

Prime Investment Opportunity: Residential Block in Bloemfontein

Web Ref. CLS4372
This well-kept three-storey residential building offers a fantastic investment prospect, perfect for student housing or private rentals. Constructed with a blend of face brick and plastered brickwork, it boasts a durable double-pitched corrugated iron and concrete roof.

The property comprises a total of 58 units, each fitted with built-in cupboards, a shower, and a basin.

Each floor features two communal ablution areas and a shared kitchen equipped with two stove tops for added convenience.

Additional features include:

A fire escape located on the south side for safety compliance.

A storeroom for extra storage needs.

15 carport parking spaces, including 12 under-roof parking bays.

A security guard and a gated entrance at the front of the building, ensuring residents' safety.

The property is fully occupied, ensuring a steady and reliable rental income stream.

Situated in a desirable area, this property guarantees a secure and practical living environment. Whether for student accommodation or private leasing, this is an outstanding income-generating asset worth considering!

Features

Zoning
Commercial
Interior
Exterior
Security
Sizes
Land Size 1,413 m²
Floor Size 1,677 m²
Additional Amenities
Accommodation
Balcony
Hob
Secure Parking
North

Navalsig, Bloemfontein

Naval Hill in Bloemfontein is called such for the British naval guns used up here during the Anglo-Boer War. There is also a white horse on the eastern edge of the hill that functioned as a landmark for the British cavalry.Did you know? Best time of day to visit, without doubt, is sundown, when the city lights come on and you can catch a glimpse of the sun setting way off in the distance.Other than that, it has nothing to do with anything naval or military. The hill forms part of the Franklin Game Reserve, in the middle of the city (apparently the only nature reserve in the world in the middle of a city), which is the reason no-one has been able to build their little mansion up here and mar the landscape.At the top of...
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Finance

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