Golden Opportunity 700m from Campus

ZAR 12,300,000~€664,682

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

Engel & Völkers Potchefstroom

+27 18 297 57 77

082 659 0862

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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