Prime 10-Hectare Development Opportunity

ZAR 11,500,000
  • 13 Bedrooms
  • ~91,745 m² Plot surface

Description

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.
Features
Garden
engel & völkers shop image

Engel & Völkers Potchefstroom

Your advisor: Therese Seyffert

Property ID: ENV214252

Property details
  • Property type

    House

  • Bedrooms

    13

  • Plot surface

    ~91,745 m²

Request all property details

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Market Demand Trading 249 (Pty) Ltd.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact. You can find out in detail which data Market Demand Trading 249 (Pty) Ltd. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

  • Receive full property details.

  • Get in touch with an advisor.

  • Confidential - data stays with E&V.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Potchefstroom

engel & völkers shop image

Provider:

Market Demand Trading 249 (Pty) Ltd.

Privacy policy of content provider

License partner of Engel & Völkers Southern Africa (Pty) Ltd.

wavy pattern