Golden Opportunity 700m from Campus
ZAR 12,300,000
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
Garage
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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Your shop
Engel & Völkers Potchefstroom
Provider:
Market Demand Trading 249 (Pty) Ltd.
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