Guest house for sale in Potchefstroom

ZAR 10,000,000

50 Bedrooms
50 Bathrooms
~2,030 m² Living area
~2,036 m² Plot surface

Description

Situated in the heart of Potchefstroom. This property offers unique opportunities for an investor. The property can be rented out as student accommodation or as a guesthouse. Guest parking near reception. Each apartment offers either a 1 bedroom to a 2 bedroom with 1 bathroom and a kitchen. Each unit is fully furnished, with a television set, fridge and linen provided. A communal braai area is available on the grounds. Furthermore, each unit has a solar geyser and a king size bed. The main house can be used as a reception with 3 bedrooms, study, lounge, 2 bathrooms and spacious kitchen used for a bed and breakfast. The property already has rental contracts and has a current rental income of about R145 000. The 2nd part of the property is used for student accommodation. A total of 50 units in total.

Features

Garage

Engel & Völkers Potchefstroom

+27 18 297 57 77

082 659 0862

Your advisor: Jean-Francois Lourens

Property ID: ENV102106

Property details

Property type
House
Bedrooms
50
Bathrooms
50

Garages
2
Living area
~2,030 m²
Plot surface
~2,036 m²

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