Engel & Völkers
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1-HECTARE INCOME-GENERATING PROPERTY-MONTHLY RENTAL WITH BUSINESS & DEVELOPMENT POTENTIAL

ZAR 4,700,000
  • 10 Bedrooms
  • 8 Bathrooms

Description

1-HECTARE INCOME-GENERATING PROPERTY — R30,000+ MONTHLY RENTAL WITH BUSINESS & DEVELOPMENT POTENTIAL This versatile 1-hectare property presents a rare and lucrative opportunity for investors, entrepreneurs, and visionaries alike. With existing flatlets currently generating over R30,000 per month (excluding the main house) and zoning approval for residential or business use, this property is perfectly positioned for a wide range of income-generating ventures — from a guesthouse or event venue to student accommodation, a school, or a hostel. Set in a peaceful yet accessible location, the property combines immediate income with long-term growth potential, making it a standout investment. Accommodation Overview Income-Producing Flatlets The property offers a selection of fully furnished, well-maintained bachelor and apartment-style units, each with its own prepaid electricity meter — ideal for hassle-free management and reliable rental income. 5 Fully Furnished Units, including: 1 × 1 Bedroom, 1 Bathroom Unit 1 × 2 Bedroom, 1 Bathroom Unit 1 × 2 Bedroom, 2 Bathroom Unit (Well suited to long-term rentals, short-term stays, or staff/student accommodation.) Main House — 5 Bedrooms | 5 Bathrooms A spacious and adaptable main residence offering multiple living and accommodation options, ideal for owner-occupation, guesthouse use, or conversion into offices, classrooms, or communal facilities. Upstairs: Main bedroom with en-suite bathroom 2 bedrooms sharing a bathroom Additional bathroom with 4 showers and 4 toilets Downstairs: 1 bedroom with en-suite bathroom 2 showers and 2 toilets 1 bedroom with en-suite bathroom 2 showers and 2 toilets Convenient guest toilet This layout allows for high-volume accommodation, training facilities, staff housing, or event-use support infrastructure. Exceptional Investment Potential This property offers immediate and scalable returns with the flexibility to expand or adapt: ✔ Existing rental income exceeding R30,000 per month ✔ Zoning approval for business or residential use ✔ Ideal for: Guesthouse or lodge Event or wedding venue Student or staff accommodation School, training centre, or hostel Wellness retreat or community centre The expansive land size also allows room for further development, additional units, or outdoor facilities. Location & Lifestyle Situated in a tranquil yet conveniently accessible area, the property offers a peaceful environment without sacrificing proximity to essential amenities — the perfect balance for residential comfort and commercial success. This is not just a property — it’s a platform for income, growth, and opportunity. Whether you're an investor seeking strong returns, a business owner looking for a versatile space, or a developer with vision, this 1-hectare multi-purpose property offers exceptional value and future potential.
Features
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Engel & Völkers Bloemfontein

Your advisor: Richelle Ridgard

Property ID: ENV193044

Property details
  • Property type

    House

  • Bedrooms

    10

  • Bathrooms

    8

  • Garages

    3

  • Parking spaces

    6

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