10-Hectare Development Opportunity in Potchefstroom
Discover an unparalleled investment opportunity with this exceptional 10-hectare development property, ideally situated in the heart of one of Potchefstroom's most dynamic growth corridors. Located on Kanaal Road, just 3 km from the town center, this fully rezoned and approved site offers a unique blend of immediate rental income and remarkable long-term development potential.
Income-Generating Portfolio
This property boasts a lucrative portfolio, featuring a well-appointed main residence, a stylish modern townhouse, and eight student flats, collectively generating an impressive rental income exceeding R52,000 per month. This ensures investors enjoy instant cash flow while strategizing for future growth and development.
Development Potential
Fully approved for comprehensive development, the site presents the opportunity to construct approximately 46 residential homes alongside dedicated business stands, making it a prime choice for developers and investors seeking significant capital appreciation.
Property Features
Main Residence: A spacious 3-bedroom home with a separate flatlet, currently yielding R12,000 in monthly rental income.
Modern Townhouse: This thoughtfully designed 2-bedroom unit features en-suite bathrooms and a solar power system, generating R8,000 per month.
Student Accommodation: Comprising eight fully leased flats, this area includes a swimming pool, laundry facilities, and shaded parking, contributing an additional R32,000 per month in income.
Enhanced Value and Security
The property is fully fenced and secured with automated entrance gates, ensuring safety and peace of mind. Water is abundantly supplied by two fully equipped boreholes, while existing infrastructure significantly lowers future development costs.
Your Vision Awaits Whether your ambition is to expand the current rental offerings, create a prestigious residential community, or tap into the commercially approved opportunities on-site, this property provides unmatched versatility and exceptional investment potential.
Don’t miss out on this unique opportunity! Contact us today to schedule a private viewing and explore the endless possibilities this prime property has to offer.