Estoire, Free State 9301

This is a once-in-a-lifetime opportunity to secure a prime investment property in the highly sought-after area of Estoire, where significant industrial development is underway. With a land size of 4.28 hectares, this property offers incredible potential for both residential and commercial purposes. Key Features: 1. Main House A charming old farmhouse with 3 spacious bedrooms, a large lounge/TV room, kitchen, full bathroom, entrance hall, and a veranda. 75% of the house has been renovated and is currently rented out for R6,500 per month. Includes covered parking for two cars, pre-paid water and electricity, and a fully fenced yard. 2. Duplex House Two units: 2-Bedroom Unit: Open-plan kitchen and living room, 2 spacious bedrooms with modern built-in cupboards, and a bathroom with a shower. Features include an alarm system, cameras, and armed response. 3-Bedroom Unit: Larger kitchen with modern amenities, spacious lounge, and 3 bedrooms with built-in cupboards. The bathroom includes a bathtub, shower, basin, and toilet. Outside, enjoy a patio with a built-in braai. Both units include covered parking, Wi-Fi, and security features. Rental Income: R7,500 (2-bedroom unit) and R7,800 (3-bedroom unit). 3. Second Farmhouse Another old farmhouse with 3 bedrooms, 1 bathroom, kitchen, and living room. Includes an outside flatlet attached to a single garage. Rental Income: R5,500 per month. 4. Bachelor Unit A compact living space with a single bedroom, living area, and bathroom. Rental Income: R3,500 per month. Investment Potential: With a total rental income already exceeding R31,000 per month, this property is a lucrative investment. The demand for rental units in the area far outstrips supply, making it a high-yield opportunity. Whether you're looking to expand your portfolio, develop further, or secure a property with consistent income, this is the chance to make it happen. ?? Contact us today to arrange a viewing. Don't miss out on this incredible opportunity!