Investment Opportunity in Bainsvlei!
Bloemfontein, Free State
R 6 000 000
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Key facts
- Bedrooms
- 4
- Bathrooms
- 2
- Erf size
- 4.28 ha
- Property type
- Farm
- Reference
- www.africaestate.net
About this property
Looking for a solid investment opportunity in Bains vlei? Look no further! Our 4.28-hectare smallholding presents a practical and profitable option for investors seeking steady returns.
RESIDENTIAL INCOME:
Featuring a spacious 4-bedroom, 2-bathroom house, this property offers comfortable living accommodations for residents while generating a substantial monthly income. With R47,500 contributing to your bond payment of R65,000, this investment provides a reliable stream of revenue, making it an attractive option for savvy investors.
MAXIMIZE YOUR RETURNS:
Rent out both the house and the land to optimize your investment potential. With careful management, the combined rental income can significantly offset your bond expenses, putting you on the path to financial stability.
DIVERSE INVESTMENT OPTIONS:
Explore various avenues for income generation, from leasing the land for agricultural purposes to offering long-term rentals for residents. With flexibility and adaptability at your fingertips, this property presents a range of opportunities to suit your investment goals.
PRIME LOCATION, PRUDENT INVESTMENT:
Situated in the thriving area of Bains vlei, this smallholding benefits from its strategic location and proximity to urban amenities. Take advantage of the burgeoning rental market while enjoying the peace and quiet of rural living.
Ready to seize this promising investment opportunity in Bains vlei? Contact us today to learn more and take the next step towards securing your financial future!
FEATURES:
1. Built-in indoor braai which is adapted in winter as Anthracite Fireplace
2. Bar Area
- 3. Jacuzzi with room for 8 persons
- 4. Large Porch area with outdoor grill
- 5. 2 by 3-meter walk-in cold room
- 6. Walk in Smoke and Biltong room
7. Large Storage Area
- 8. 3 Bedrooms
- 9.2 Bathrooms
- 10. One study/Bedroom
- 11. One indoor storage room
- 12. Master Bedroom with En Suite Bathroom
- 13. Interior and exterior of main house newly repainted
14. 3 Luxury Bachelors Units. Unit 1 and 2 each R3200 per month rental income. Unit 2 has its own fireplace and all 3 units have an outdoor barbecue. Unit 3 with rental income of R3500 per month
- 15. Unit 4- Economic batchelors unit R2600 per month
- 16. 3x Economical 1 Bedroom Units, R3000, R3000 and R2800 per month respectively
- 17. 2x Luxury 2 bedroom. 1 Bathroom units R4700 each per month
18. 1x Luxury 2 bedroom, 2 bathroom unit with porch and outdoor braai. Income of R6000 per month
19. 1 Cottage, 2 Bedroom 1.5 bathroom, which can easily be converted into 2 bathrooms. Large living area with indoor braai and porch, with own entrance
20. Borehole fully equipped, with pressure pump that supplies 50% of units with water, but can switch during city water shortage and supply all units with water.
21. 2x 1 bedroom, en suite bathroom workers' houses supplied with indoor water and electricity. Rentable from R1000 to R2000 per month
Features
- Borehole fully equipped, with pressure pump that supplies 50% of units with water, but can switch during city water shortage and supply all units with water.
- Unit no 1. Batchelor unit with income R3200
- Unit no 2. Batchelor unit income R3200
- Unit 3. Batchelor Unit. Income R3500
- Unit no 4 Small Bachelor unit. Income R2600
- Unit no 5. 1 bedroom unit. Rental income R3000
- Unit no 6. 1 bedroom unit. Rental income R3000
- Unit 7: 2 bedroom with 1 ½ bathroom. Detached about 100 m from other units with own entrance. R7000 per month income.
- Unit 8: 2 bedroom units with 1 bathroom each. Rental income R4700 per unit. They are identical.
- Unit no 9. 1 bedroom. Rental income R2800 per month.
- Unit no 10. 2 bedroom. 2 bathroom unit. Rental income R6000 per month
- Unit no 11: 2 bedroom units with 1 bathroom each. Rental income R4700 per unit. They are identical
- study/ Bedroom
- Master Bedroom with En Suite Bathroom
- Unit no 12: Worker's house R 2 000. 2 Stone buildings x 1 bedroom Worker's houses each with its own bathroom
- with . Built-in indoor braai which is adapted in winter as Anthracite Fireplace
- . Jacuzzi with room for 8 persons
- Large Porch area with outdoor grill
- Walk in Smoke and Biltong room
- 2 by 3-meter walk-in cold room
- indoor storage room
- Large Storage Area
- Cash Crops
- Country Living
- Lifestyle Farm
- Smallholding
- Borehole
- Backup battery
- Backup water
- Generator
- Water tank
- Wheelchair accessible
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