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R 13 800 000

Commercial Property for Sale in Bloemfontein Central

Bloemfontein Central, Bloemfontein
  • Erf Size 704 m²
    • m²: 704 m²
    • Hectares: 0.07 ha
    • Acres: 0.174 acres
Block of Flats in Prime Location - Bloemfontein Central

Dual Mandate

Exceptional investment opportunity in Bloemfontein Central.

This block of flats presents a prime location and remarkable potential which is evident in its high occupancy rates.

The well-maintained building boasts top-tier security, offering peace of mind for both tenants and investors.

Its proximity to shopping malls and local amenities enhances its appeal, providing convenience and accessibility.

Ground Floor:

3 Retail shops with monthly rental income of R 25 968,75

15 Student accommodation with monthly rental income of R 2000 per unit, served by solar geysers to relieve monthly expenditure.

Floor 1 – Floor 5:

40 Bachelor apartments consisting of open plan living and kitchen area, bedroom and bathroom at rental income of R 3 400.00 per unit/ month. Individual prepaid electricity meters and geysers are fitted for each bachelor...

Dual Mandate

Exceptional investment opportunity in Bloemfontein Central.

This block of flats presents a prime location and remarkable potential which is evident in its high occupancy rates.

The well-maintained building boasts top-tier security, offering peace of mind for both tenants and investors.

Its proximity to shopping malls and local amenities enhances its appeal, providing convenience and accessibility.

Ground Floor:

3 Retail shops with monthly rental income of R 25 968,75

15 Student accommodation with monthly rental income of R 2000 per unit, served by solar geysers to relieve monthly expenditure.

Floor 1 – Floor 5:

40 Bachelor apartments consisting of open plan living and kitchen area, bedroom and bathroom at rental income of R 3 400.00 per unit/ month. Individual prepaid electricity meters and geysers are fitted for each bachelor unit. Water is metered and billed monthly for each unit.

Total rental income of building R176 536,75 per month.

Don’t miss this chance to acquire this flourishing property. Call us today for an appointment.

Listing number: P24-113552904, Image number: 1
Listing number: P24-113552904, Image number: 2
Listing number: P24-113552904, Image number: 3
Listing number: P24-113552904, Image number: 4
Listing number: P24-113552904, Image number: 5
Listing number: P24-113552904, Image number: 6, Apartments
Listing number: P24-113552904, Image number: 7
Listing number: P24-113552904, Image number: 8
Listing number: P24-113552904, Image number: 9
Property Overview
Listing Number
113552904
Type of Property
Commercial Property
Listing Date
31 October 2023
Erf Size
704 m²
Rates and Taxes
R 6 614
Zoning
General Business
Bedrooms
55
40 bachelor & one-bedroom units; 15 student accommodation rooms
Multi Tenanted
Yes
Number of floors
6
Solar
Solar Geyser
Security
Security gates with tags for controlled access
Electric Gate, Security Gate, Closed Circuit TV, 24 Hour Access
Nearby Public Transport
Bus, Minibus Taxi
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