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R5,995,000

919m² Building For Sale in Bloemfontein Central

Unique Investment Opportunity: Commercial Building with Student Apartments, Offices, and Retail Space with a yield of 7.34%

Discover an exceptional investment opportunity in the heart of the city! This prime commercial building offers a versatile space that combines student apartments, modern offices, and retail units, creating a lucrative income stream for savvy investors.

Key Features:

Strategic Location: Situated in a high-traffic, central location, this commercial building enjoys maximum visibility and accessibility. It's nearby colleges, corporate offices, and shopping districts, ensuring a constant flow of potential tenants and customers.

Student Apartments: The property boasts a dedicated section of well-designed student apartments. These spacious and fully furnished units are in high demand, offering a stable and reliable rental income. Catering to the growing student population.

Modern Offices: Elevate your rental income with contemporary office spaces that cater to the needs of businesses in the area. These offices are equipped with cutting-edge facilities, making them attractive to startups, established firms, and entrepreneurs alike.

Retail Space: The ground floor of the building features prime retail spaces. With large storefronts and high foot traffic, these areas are ideal for retailers, restaurants, or service providers looking to tap into the urban market.

Ample Parking: A spacious parking facility ensures convenience for tenants and visitors, public parking in front of the building makes this property even more attractive.

Security and Maintenance: Top-notch security systems and efficient maintenance services are in place to ensure a hassle-free experience for tenants and peace of mind for investors.

Proven Income History: The property has a consistent rental income and is primed for further growth in value and demand.

Don't miss out on this golden opportunity to diversify your portfolio and secure a steady income from a dynamic mix of student apartments, offices, and retail spaces. Act now and capitalize on the potential of this exceptional commercial building!

Features

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0
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
919m²
Land Size
582m²
Extras
Power Availability: Three Phase, • Number Of Floors: 2, • Number Of Roller Shutter Doors: 1, • It's a Multi Tenanted Building, • 9 x student apartments, • 3 x office, • 1 x reception room, • 4 x inside parking

Bloemfontein Central, Bloemfontein

Although Bloemfontein might not be as major an epicentre as Cape Town, Johannesburg or Durban it still has a lot to offer in terms of residential bliss. It's the capital of the Free State which is a province in South Africa noted for its agricultural exploits. The town is well known for its Rugby, friendly locals and a fair deal of places to go out. The name loosely translates to Flower Fountain or Blooming...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

85,146.66

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