R 1 499 000
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14 Bed House in Potchefstroom Central

14 4 1 405 m² 526 m²

Welcome to our unique investment opportunity which presents the possibility to either continue its legacy as a prime spot student commune, or transform it into a new development. This property has its prime location mere steps away from the Vuselela FET college, attracting a constant stream of students in need of accommodation.

The stand is 1 405 meters square, and has approximately 526 square meters underroof, offering the following:

14 bedrooms, either tiled or carpeted

3 kitchenettes

4 bathrooms

2 x one-bedroom apartments, each with bedroom, lounge, kitchen and bathroom

This property offers an exceptional return on investment: a total of 18 tenants can be accommodated amounting to a gross total income of R 33 000 monthly.

In addition, this property is rezoned to RES 3 and has 3-phase electricity, presenting an exceptional opportunity for property developers.

Dont miss out on this remarkable investment opportunity call me today!

Property details

  • Listing number T4639876
  • Property type House
  • Erf size 1 405 m²
  • Floor size 526 m²
  • Rates and taxes R 1 030

Property features

  • Bedrooms 14
  • Bathrooms 4
  • Flatlets

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