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14 Bed House in Potchefstroom Central
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