391 m² Commercial space in Bloemfontein

An excellent income-generating investment opportunity perfectly positioned in the upper part of Bloem Central. This block of flats is fully tenanted and offers immediate, reliable returns from day one. The solid property needs some TLC, but it offers incredible space and options to increase the income potential.

The property consists of 5 units in total:

-4 spacious flatlets, each offering 3 bedrooms, a bathroom, a kitchen, a veranda, and a private garage, currently generating R5,250 per unit

-1 annex unit featuring 1 bedroom, a bathroom, and a garage, generating R2,700

-Current total monthly rental income: R23,700

All water and electricity are prepaid and professionally managed via Elcheckflow, ensuring efficient utility control and minimal management hassle for the investor.

Sought-after central location close to amenities, transport routes, and business hubs