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R 2 720 000 | 4 bed property for sale in olive hill

Property Description


This 3.1 ha smallholding in Olive Hill, Bloemfontein, has multiple living units with a big store. The possibilities is endless. Live in the main house and rent out the rest or bring your parents with you. The rental income of the main house is currently R8000 per month. The main, big house has 4 spacious bedrooms, 2 bathrooms, spacious kitchen with gas HOB, dining room, family room with fireplace and lapa by the pool. The store is 350 square meters with rental income of R5000 per month. The flat has one bedroom with bathroom and total separate entrance. Rental income of R3000 per month. The smaller house consists of an open plan kitchen, lounge and dining room. Also double garage and 2 bedrooms. Separate entrance and very neat. Rental income possibility of R4 500 per month. Borehole, alarm, electric gate. Very close to town. Outbuildings = 3 Outbuilding 1 Big 1 Bedroom flat with beautiful kitchen/dining and living area. The 2nd Flatlet is 1 bedroom, bathroom and living area. Flatlet, Granny flat Outbuilding 2 350 m2 workshop Workshop Outbuilding 3 Storeroom


Property Details

Purchase PriceR 2 720 000

Type of PropertySmall Holding

Monthly Rates550

Land Size31000 m2

Last Updated03 Oct 2020

Rooms

Store RoomYes

Study1

Laundry1

Flatlet2

Kitchen1

Bedrooms4

Bathrooms2

Reception Rooms

Lounges1

Dining Room1

External Features

Swimming PoolYes

Garages2

General Features

SecurityYes

Property Location


AddressOllive Hill SH, Olive Hill, Bloemfontein, Free State, South Africa

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Agent

Jaco Erasmus

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