Apartment for sale
Profitable investment offering steady rental income and business potential in the heart of Northam, featuring 17 en-suite bedrooms, borehole water supply and a fully secured perimeter.
EXCLUSIVELY MARKETED BY CENTURY 21
Outstanding Investment Opportunity in the Heart of Northam
Calling all investors and business-minded buyers! This exceptional income-generating property offers a fantastic opportunity in a prime Northam location.
The property comprises 17 spacious en-suite bedrooms, each equipped with its own shower and toilet, providing comfortable accommodation for tenants or guests.
An 18th room, currently being converted into a laundry facility, can easily be reverted back into an additional bedroom should the new owner wish to maximise accommodation capacity.
Property Features:
17 completed en-suite bedrooms
Potential 18th bedroom/laundry room
Borehole water supply
Fully secured perimeter for peace of mind
Excellent location in the heart of Northam
Of the 18 rooms, 8 have been fully completed and are operational. The remaining 10 rooms require final completion, presenting an excellent opportunity to add value and increase returns. The current owner has already purchased most of the required materials, including toilets and showers, which will be included in the sale.
This property offers tremendous potential for investors looking to expand their portfolio or entrepreneurs seeking a profitable accommodation business.
Contact Century 21 today to arrange a viewing and explore the possibilities this unique investment has to offer.
Listed for sale at R3,795,000
Northam Central is a practical and community-focused mining town in Limpopo that offers residents a quiet, affordable lifestyle with essential services and proximity to major industrial hubs.
