7 Bedroom House in Dan Pienaar

3 HOMES ON ONE PRIME PROPERTY - DAN PIENAAR

Sole Mandate - Excellent Location - Investment & Lifestyle Opportunity

An exceptional opportunity to own a rare multi-dwelling property in the sought-after suburb of Dan Pienaar, Bloemfontein.

Ideally positioned in Fleck Street, between Preller and Emily Hobhouse Square, this prime corner property offers three separate residential dwellings on one stand, making it an excellent choice for investors, extended family or buyers looking for a property with multiple income opportunities.

WHY THIS PROPERTY

Prime Dan Pienaar location

3 separate homes on one stand

Excellent rental demand

Multiple income streams

Close to leading schools, shopping centers, business hubs and amenities

Ideal for investment, dual living or extended family

Excellent long-term resale and capital-growth potential

RENTAL INCOME & ROI

The property currently generates approximately:

R24,000 rental income per month

R288,000 estimated annual rental income

Based on the asking price of R2,900,000:

Gross Rental Yield: 9.24

Net Rental Yield before expenses: 8.54

Rates and taxes only exclude bond interest, insurance, maintenance and other expenses.

With three independent dwellings, the property also offers the advantage of diversified rental income, reducing the impact of a vacancy in any single unit.

PROPERTY COMPRISES

MAIN HOUSE 3 BEDROOMS

3 bedrooms

2 bathrooms

Main bedroom with en-suite and dressing room

Spacious semi-open-plan lounge

Open-plan kitchen and dining area

Swimming pool

Private braai area

Wendy house

Carport

Potential to create an additional bachelor flatlet

SECOND HOUSE 2 BEDROOMS

2 bedrooms, both en-suite

Spacious lounge

Open-plan kitchen and dining area

Covered patio with braai area

Private yard and separate entrance

Single garage

Covered parking for 2 vehicles

Ideal for rental income, extended family or professional use, subject to the relevant permissions.

THIRD DWELLING 2 BEDROOM APARTMENT

2 bedrooms

Modern open-plan kitchen and dining area

Spacious lounge

Private backyard garden area

THE INVESTMENT

This is not simply a residential property, it is an income-producing asset with flexibility for the future.

Three dwellings on one prime stand provide the buyer with several options: live in one and rent out the others, generate rental income from all three, accommodate extended family, or adapt the property for other permitted professional uses.

Properties offering this combination of location, multiple dwellings, rental income and future potential are exceptionally rare in Dan Pienaar.

Viewings strictly by appointment.

Secure an excellent property today and invest in the future of Dan Pienaar.