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R 1 290 000
5 Bedroom House for Sale in Ehrlich Park
Bloemfontein, Ehrlich Park
5 Bedroom House for Sale in Ehrlich Park
Bloemfontein, Ehrlich Park
5
5
Income-Generating Multi-Unit Property in Ehrlich Park
Investors, don’t miss this excellent opportunity to own a versatile income-producing property in the popular suburb of Ehrlich Park. Currently generating approximately R18,000 per month in rental income, this property offers immediate returns with further potential to increase income over time.
Originally a four-bedroom home, the property has been converted into five separate rental units, creating multiple income streams from one investment.
The property features:
Three bachelor units, each with an open-plan living and sleeping area, kitchenette, and private bathroom.
A spacious two-bedroom unit with a living area and kitchen space.
A one-bedroom unit with a lounge, kitchen area, bedroom, and private bathroom.
The property offers a generous yard with potential for future expansion or additional units (subject to approval), as well as three covered carports for tenant parking.
While some maintenance and upgrades are required, this property presents a fantastic opportunity for investors seeking an established rental income with excellent growth potential in a sought-after rental area.
Contact me today to arrange a viewing and discover the possibilities this investment has to offer.
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