14 Bedroom Apartment For Sale in Potchefstroom
BondCosts
Property description
Nestled just 700 meters from North-West University (NWU), this meticulously maintained 11-unit apartment complex presents a golden opportunity for investors seeking stable, high-yield returns. Each unit is designed for modern living, combining functionality with prime location advantages, making it an ideal addition to any investment portfolio.
11 Fully Equipped Units: Each apartment features 1 bedroom, 1 bathroom, a sitting room, and dedicated parking, catering to students, young professionals, or small families.
Secure Complex: Gated access and 24/7 security ensure tenant safety, a critical factor for long-term occupancy.
Proximity to NWU: A short walk to the university guarantees consistent demand, minimizing vacancy risks.
Well-Maintained: Reduced maintenance costs and immediate rental readiness enhance ROI potential.
With a total monthly rental income of R75,400 (approximately R6,854 per unit), this complex delivers R904,800 annually. Such robust cash flow and NWU’s enduring tenants ensure reliable returns. Investors benefit from:
Total Monthly income: R 76,300
- Sectional Title
- Security Features
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
