Prime Investment Opportunity: Residential Block in Bloemfontein

This well-kept three-storey residential building offers a fantastic investment prospect, perfect for student housing or private rentals. Constructed with a blend of face brick and plastered brickwork, it boasts a durable double-pitched corrugated iron and concrete roof.

The property comprises a total of 58 units, each fitted with built-in cupboards, a shower, and a basin.

Each floor features two communal ablution areas and a shared kitchen equipped with two stove tops for added convenience.

Additional features include:

A fire escape located on the south side for safety compliance.

A storeroom for extra storage needs.

15 carport parking spaces, including 12 under-roof parking bays.

A security guard and a gated entrance at the front of the building, ensuring residents' safety.

The property is fully occupied, ensuring a steady and reliable rental income stream.

Situated in a desirable area, this property guarantees a secure and practical living environment. Whether for student accommodation or private leasing, this is an outstanding income-generating asset worth considering!