Situated in the heart of Potchefstroom. This property offers unique opportunities for an investor. The property can be rented out as student accommodation or as a guesthouse. Guest parking near reception.
Each apartment offers either a 1 bedroom to a 2 bedroom with 1 bathroom and a kitchen. Each unit is fully furnished, with a television set, fridge and linen provided. A communal braai area is available on the grounds. Furthermore, each unit has a solar geyser and a king size bed.
The main house can be used as a reception with 3 bedrooms, study, lounge, 2 bathrooms and spacious kitchen used for a bed and breakfast. The property already has rental contracts and has a current rental income of about R145 000.
The 2nd part of the property is used for student accommodation. A total of 50 units in total.
Agent's Professional Fee is included in the price advertised.