R5,435,000

21 bedroom apartment for sale in Die Bult

Potchefstrooom is no stranger to the Student House concept as it has historically been a very lucrative market with a vested community that has no foresight of ever losing pace even with our recent fight with COVID-19.

As such it is with a incredibly Big Smile that I am premiering this stunning Student Housing Complex to the market, as not only does it come with a standing long term lease agreement with a local Tertiary Education Institute - and here is the BIG BENEFIT - The company currently runs the entire complex including maintenance, placement and rent collection (I will fully explain the extent of the management when we meet in person).

The Housing unit consists of five 4 bedroom units - each with their own open plan kitchen/ Family TV room and two bathrooms as well as a 1 bedroom unit totaling at 21 available bedrooms.

Additionally there is ample parking and two common laundry areas with a shared laundry line.

The Complex is also centrally located to the university and walking distance from the current Tertiary Education Institute that is leasing the premises.

With a gross ROI of 12.47% this is a must see and a GREAT investment opportunity that can provide a substantial passive income!

PHONE NOW!

Property Type
Apartment
Bedrooms
21
Bathrooms
11
Stand Size
1,428m²
Building Size
680m²
24 Hr Access
Yes
24 Hr Response
Yes
Electric Gate
Yes
Alarm System
Yes
Burglar Bars
Yes
Electric Fencing
Yes
Perimeter Wall
Yes
More Features
Yes
Security Doors
Yes
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Get to know Potchefstroom
The City of Potchefstroom in the North West Province of South Africa, is considered by many as The City of Expertise. Home to four tertiary institutions and 30 schools, numerous research bureaus and training centers which has assisted Potchefstroom into the new millennium.
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apartment listed on 27 Aug 2020