Country living minutes from Bloemfontein with development potential across 8.7ha, municipal water and borehole and rental income — three bedrooms, two bathrooms.
Charming Small Holding with Development Potential Near Bloemfontein
Welcome to this unique property offering a blend of residential comfort and investment opportunity, conveniently located just 10 km from the center of Bloemfontein. This small holding includes a well-maintained house with three bedrooms, two bathrooms, a cozy sitting room, and a spacious kitchen with an adjoining dining area. The home boasts two open-roof parking spaces and a delightful outdoor braai area, perfect for entertaining.
The property is serviced by municipal water and also features an unequipped borehole, providing additional water security. With a solid 1.8-meter fence along three sides and a standard fence on the fourth, privacy and security are a of flat land adorned with beautiful trees, this property holds immense potential. It is ideally suited for development, with the possibility to divide it into two 4.2 HECT full-title plots or subdivide into 63 stands of 1,300 square meters each. The existing house generates a rental income of R7,500 per month, making it an attractive option for immediate returns while planning future projects.
Additionally, the property includes a large barn, offering ample storage or the potential for conversion to suit your needs. Whether you envision a residential development, farming enterprise, or simply a serene retreat close to the city, this property is a canvas for your dreams.
Don't miss out on this exceptional opportunity. Schedule a visit today to explore the possibilities and experience the charm of this well-located small holding.
Listed for sale at R4,400,000
Price reduced by 4.5% to R4,200,000
Groenvlei, near Bloemfontein, offers a mixed farming environment with access to essential infrastructure, benefiting from a semi-arid climate suitable for livestock and certain crops, making it appealing to farmers seeking a balance of resources and market access.
* Distances and amenities are approximate.