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Reliable rental-income block on a quiet street near top schools and public transport, 16-unit property with individual meters, electric gate and secure covered parking; 20 beds, 16 baths, 16 garages.
EXCLUSIVE SOLE MANDATE
Attention all investors!! This is your opportunity to own this block of apartments.
The block consists of 16 units of varying sizes. There are 10 units measuring 33 sqm, 2 units of 91 sqm, 2 units of 53 sqm, 1 unit of 78 sqm, and 1 unit of 62 sqm. Parking for tenants is located behind the building and is secure, covered parking.
The main gate is an electric remote-controlled gate.
Each apartment has its own prepaid electricity meter, and each apartment has its own water meter which is read monthly and added to the tenant’s account.
The apartment block is perfectly located in a quiet street and very close to good schools, with public transport also conveniently nearby.
With a bit of renovation and a fresh coat of paint inside and outside, it can be restored to its former glory.
Don’t let this opportunity slip through your fingers — contact me immediately.
Listed for sale at R4,799,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 47 listings in Bloemfontein (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 72% below the median. Floor size is 2654% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 47,109 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
47 similar listings
High similar-home inventory town-wide (Bloemfontein)
Median time on market: 198 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Navalsig is a well-established and centrally located suburb in Bloemfontein, offering a mix of residential comfort and convenient access to city amenities, making it suitable for families and individuals alike.
* Distances and amenities are approximate.
