Apartment for sale
Effortless urban living near shops, schools and transport — ideal for investors. Bachelor unit with one bathroom and covered parking; long-term tenant provides immediate R4,800 monthly income.
This well maintained bachelor unit presents a solid investment opportunity for buyers looking for immediate and stable rental income. Situated in a highly sought after area close to key amenities and educational institutions, the property offers strong long-term rental demand.
The unit already has an excellent long-term tenant in place, who has occupied the property for over 10 years and is currently paying a monthly rental of R4 800, providing investors with instant income from day one.
Low maintenance living, consistent tenant demand, and proven rental stability, this property is ideal for investors looking to expand their portfolio with a reliable income generating asset.
Listed for sale at R380,000
How does this home’s price compare with similar properties?
Price comparison based on 40 similar-sized homes.
Insight
Priced 28% below the local median - at the lower edge of the typical range across Potchefstroom.
Compared with 40 similar homes (58 listings) across Potchefstroom.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R434k typical in Potchefstroom Central (small sample of 3).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Potchefstroom Central offers a vibrant, historic urban lifestyle characterized by its proximity to the North-West University, tree-lined streets, and a convenient mix of essential amenities and academic culture.