50 Bed House in Die Bult

R 12 300 000

Mientjie Vos

Engel & Völkers-Engel & Volkers Potchefstroom

50 Bed House in Die Bult

R 12 300 000

50 Beds
50 Baths
20 Garages
Land Area 3996 m² Rates R 3000

Three properties adjacent to each other now for sale just 700m from the university. This development opportunity is ideal for student accommodation of 50 to 100+ units.

Off-campus student accommodation is a growing sector in South Africa, and proving to be a profitable choice for investors. It's a sizeable opportunity for property developers and investors. The South African market is far from mature in terms of supply and demand with regards to good purpose-built student accommodation. For the investor, consistent rental income is a priority.

With South Africas continuing rapid urbanisation, expanding middle-class as well as the fact that the country offers some of the most sought-after universities on the continent attracting many foreign students, steady rental income from student tenants is almost a guarantee. P24

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Key Property Features

50
Bedrooms
50
Bathrooms
20
Covered Parkings
10
Dining Areas
20
En-suite
20
Garages
10
Lounges

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Experience Potchefstroom

Potchefstroom is an energetic, academic city, hosting the Potchefstroom Campus of the North West University. The community are friendly and helpful, consisting of mostly Afrikaans speakers. This area is known as the North-West Province's Home of Sport and is a home away from home for many international athletes and teams. With no large industries, this area has very clean air, and a low crime rate.

Mooi Rivier Mall in Potchefstroom
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50 Bed House in Die Bult

R 12 300 000

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