Engel & Völkers
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Apartment block in Potchefstroom central

ZAR 4,600,000
  • 10 Bedrooms
  • 11 Bathrooms
  • ~885 m² Plot surface

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!
Features
Garden
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Engel & Völkers Potchefstroom

Your advisor: Leandra Rautenbach

Property ID: ENV197585

Property details
  • Property type

    Apartment

  • Bedrooms

    10

  • Bathrooms

    11

  • Plot surface

    ~885 m²

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Engel & Völkers Potchefstroom

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Market Demand Trading 249 (Pty) Ltd.

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