14 Bedroom Apartment For Sale in Potchefstroom

Property description

Viewings by appointment only!

Seize a rare investment opportunity with this 14-unit apartment block, ideally located in the vibrant Die Bult area of Potchefstroom. Just moments from North-West University, this property offers excellent rental income potential, making it perfect for both seasoned investors and first-time buyers. With 16 bedrooms across 14 units (12 bachelor pads and 2 double-bedroom units), this property is designed for scalability and ease of maintenance, ensuring consistent returns.

Investment Highlights

-High Cash Flow: Projected monthly income of R49,000, offering an impressive annual yield of R588,000.
-Prime Location: Located near NWU, schools, churches, and a shopping center, providing excellent access to students, young professionals, and families.
-Diversified Tenant Base: The mix of bachelor and double-bedroom units attracts a wide range of tenants, ensuring high occupancy rates and minimal vacancy risk.
-Future-Proof Features: Includes a private borehole for water security and complimentary high-speed internet, appealing to today’s tenants and reducing operational risks.
-Scalable Growth: Already optimized for success, this property offers long-term growth potential while delivering immediate returns.

Whether you’re expanding your property portfolio or making your first investment, this property is a compelling opportunity in a growing rental market.