R 6 499 000
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6 Bed House in Westdene
6
12
1 722 m²
960 m²
Excellent Return on Investment - Quality Guesthouse with 3 Office Blocks is for sale in Westdene
Multiple quality offices plus a guesthouse with income potential of over R100,000/month - ALL ON ONE PROPERTY - is for sale in the perfect location in Bloemfontein.
Rental income from the offices currently generates +-R 46,000/m. There are also 2 additional sets of offices with potential rentals of R16,000 and R18,000/m that are not presently occupied (potential office income can equate to R80,000/m).
Then there is still the fully established guesthouse with a potential income of a minimum of R30,000/pm (not currently being promoted). A total income of R110,000/m is easily obtainable if the property is utilized to its full potential. Call today to view!
Property details
- Listing number T4647951
- Property type House
- Erf size 1 722 m²
- Floor size 960 m²
- Rates and taxes R 8 250
- Levies R 0
Property features
- Bedrooms 6
- Bathrooms 12
- Lounges 1
- Dining Areas 1
- Pet Friendly
- Balcony
- Patio
- Pool
- Security Post
- Garden