R 2 995 000
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7 Bedroom House in Dan Pienaar

166 waverley street
7 5 10 1 414 m² 537 m²

Unique Investment & Lifestyle Opportunity

Sole Mandate

3 Houses on One Property.

This is more than a property, its a strategy for long-term growth and income.

Located in one of Bloemfonteins most sought-after neighborhoods, this versatile corner stand

offers three separate homes, multiple income streams, and excellent future resale value.

Why This Property Makes Financial Sense

Central & Convenient: Perfectly positioned between two major business hubs,

and within walking distance of top primary and high schools.

Three Homes, One Stand: A rare chance to own a multi-dwelling property with

endless possibilitiesfamily living, dual-occupancy, professional offices,

or a rental portfolio under one roof.

Solid Long-Term Growth:

oEstimated property value in 10 years 3 annual growth: R4.1 million

oCumulative rental income over 10 years 5 annual growth: R3.9 million

oBond balance after 10 years: R2.25 million

oNet position after 10 years: R2 million positive equity, while still owning the asset.

Property Breakdown

Main House

3 Bedrooms | 2 Bathrooms main en-suite & dressing room

Spacious semi-open-plan lounge, kitchen & dining

Sparkling pool, private braai area, Wendy house, carport

Option to convert part into a bachelor flatlet

Second House

2 Bedrooms, both en-suite

Open-plan kitchen & dining, generous lounge leading to a covered patio with braai

Private yard & entrance, single garage covered parking for 2 cars

Ideal for rental income, extended family, or professional consulting rooms

Third Home

Modern 2-Bedroom apartment

Open-plan kitchen & dining, spacious lounge

Private backyard garden area

The Numbers That Matter

Purchase Price bond: R3 090 000

Estimated Monthly Bond Repayment 20 years 10.5: R30 800

Growing rental income can cover a large portion of the bond, creating a

self-funding investment with immediate cashflow potential.

Viewings by appointment only

Opportunities like this are rare in Dan Pienaar

Secure a property that pays you back while it grows in value.

Property details

  • Listing number T5123033
  • Property type House
  • Listing date 20 Jun 2025
  • Land size 1 414 m²
  • Floor size 537 m²
  • Rates and taxes R 1 250

Property features

  • Bedrooms 7
  • Bathrooms 5
  • En-suite 1
  • Lounges 3
  • Dining areas 3
  • Garage parking 1
  • Open parking 7
  • Covered parking 2
  • Storeys 1
  • Pet friendly
  • Built in cupboards
  • Patio
  • Pool
  • Storage
  • Study
  • Kitchen
  • Garden
  • Family TV room
  • Paving
  • Fireplace
  • Guest toilet

Photo gallery