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Commercial For Sale: Bloemfontein Central

[Team Home] : 4 Elizabeth Street, Bloemfontein Central
Flat / Apartment
Price:R13 800 000
Type
Flat / Apartment
Location
Bloemfontein Central
Bedrooms
0 Bedrooms
Bathrooms
0.0
Date Posted: 05 May 2024
  • Status: Under Offe

About This Listing

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 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.

View on Property24

Property Details

  • Property ID:132
  • Property Type:Flat / Apartment
  • Status:Under Offe
  • Location:Bloemfontein Central
  • Address:[Team Home] : 4 Elizabeth Street
  • Bedrooms:0
  • Bathrooms:0.0
  • Parking:0
  • Floor Size:0.0 m²
  • Erf Size:704.0 m²
  • Erf Number:798-1
  • Ownership Type:Accommodation
  • Mandate:Dual / Joint Mandate
  • Branch:Dan Pienaar
  • Deeds Office:Bloemfontein

Features

  • Erf Size: 704.0 m²
  • Rates: R6614.0
  • Accommodation

Elma Meyer

Estate Agent
53 Property Listings
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Christine Horak

Estate Agent
53 Property Listings
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