Heidedal, Bloemfontein, Free State ID 1282943
0.0
439m2
Located on a busy road with high visibility and traffic, this versatile commercial property offers a unique opportunity for investors looking for both retail and residential income. The property is spread across two floors, with a shop on the ground floor and eight spacious bachelor apartments on the first floor. Ground Floor: Retail Space (92m²) – A thriving shop space generating a steady rental income of R7,000 per month. Perfect for businesses looking for a prime location with high exposure and ease of access. First Floor: 8 Large Bachelor Apartments with a total square meters of 347 – Each apartment offers ample space and privacy, currently generating R3,000 per month in rental income. With the property designed as sectional titles, the apartments offer great flexibility for leasing or future sale. Key Features: Separate Sectional Titles – The shop and apartments are independently registered, providing the flexibility to sell one and retain the other or manage them both as an income-generating property. Dual Income Stream – A perfect setup for investors looking to diversify their rental portfolio with both commercial and residential properties. High Visibility Location – Positioned on a busy road, ensuring excellent exposure for your retail tenants and high demand for rental accommodation. Whether you’re looking for a solid long-term investment, a property with income-generating potential, or a combination of both, this property offers exceptional value. Seize the opportunity to own a dual-purpose property with endless possibilities! Contact us today for more details or to arrange a viewing
Pelser Real Estate
Interested in properties in this area? Enter your email and get regular updates about properties.
Property Not Available? Report it