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Golden Opportunity 700m from Campus

ZAR 12,300,000
  • 50 Bedrooms
  • 50 Bathrooms

Description

Three properties adjacent to each other now for sale just 700m from the university. This development opportunity is ideal for student accommodation of 50 to 100+ units. Off-campus student accommodation is a growing sector in South Africa, and proving to be a profitable choice for investors. It's a sizeable opportunity for property developers and investors. The South African market is far from mature in terms of supply and demand with regards to good purpose-built student accommodation. For the investor, consistent rental income is a priority. With South Africa’s continuing rapid urbanisation, expanding middle-class as well as the fact that the country offers some of the most sought-after universities on the continent attracting many foreign students, steady rental income from student tenants is almost a guarantee. P24
Features
Garage
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Engel & Völkers Potchefstroom

Your advisor: Jean-Francois Lourens

Property ID: ENV121472

Property details
  • Object type

    Site

  • Bedrooms

    50

  • Bathrooms

    50

  • Garages

    20

  • Parking spaces

    20

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