| 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.
ERF Size 1,414 m²
Building Size 537m²
Rates R1,250 per month
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Schalk van der Merwe
c. 082 789 1213
schalk.vdm@rawson.co.za
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