Apartment block in Potchefstroom central
ZAR 4,600,000
Description
Investment Opportunity: Prime Apartment Block with Strong Rental Income in Potchefstroom Central
This well-maintained, low-maintenance apartment block presents an exceptional opportunity for astute investors. With five spacious units and solid financials, the property offers excellent rental returns and long-term growth potential.
Property Breakdown:
2 x 1-Bedroom Units
2 x 2-Bedroom Units
1 x 4-Bedroom Double-Storey Unit
Property Highlights:
Set in beautifully landscaped, easy-care gardens
The 4-bedroom unit boasts:
A private garden
3 bathrooms
Double-storey layout
Balconies off each bedroom
Each 2-bedroom unit includes:
2 bathrooms
Private balconies off both bedrooms
Units are generously sized and designed with tenant comfort and appeal in mind
Financial Snapshot:
Rental Income: ± R354,000 p/a (with potential for escalation)
Expenses (Insurance): ± R46,200 p/a
Rates & Taxes: ± R13,009 p/a
This is a turnkey investment in a desirable area—perfect for generating immediate and consistent rental income with room for future growth.
Don’t miss out on this exceptional opportunity!
Garden
Engel & Völkers Potchefstroom
Your advisor: Ouida Pieterse
Property ID: ENV197585
Property details
Object type
Flat
Bedrooms
10
Bathrooms
11
Plot surface
~885 m²
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Your shop
Engel & Völkers Potchefstroom
Provider:
Market Demand Trading 249 (Pty) Ltd.
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