Engel & Völkers
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Guest house for sale in Potchefstroom

ZAR 10,000,000~€486,213
  • 50 Bedrooms
  • 50 Bathrooms
  • 2,030 m² Living area
  • 2,036 m² Plot surface

Description

Situated in the heart of Potchefstroom. This property offers unique opportunities for an investor. The property can be rented out as student accommodation or as a guesthouse. Guest parking near reception. Each apartment offers either a 1 bedroom to a 2 bedroom with 1 bathroom and a kitchen. Each unit is fully furnished, with a television set, fridge and linen provided. A communal braai area is available on the grounds. Furthermore, each unit has a solar geyser and a king size bed. The main house can be used as a reception with 3 bedrooms, study, lounge, 2 bathrooms and spacious kitchen used for a bed and breakfast. The property already has rental contracts and has a current rental income of about R145 000. The 2nd part of the property is used for student accommodation. A total of 50 units in total.

Features
Garage
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Engel & Völkers Potchefstroom

Your advisor: Jean-Francois Lourens

Property ID: ENV102106

Property details

Property type

House

Bedrooms

50

Bathrooms

50

Garages

2

Living area

2,030 m²

Plot surface

2,036 m²

Location: Potchefstroom, North West

Potchefstroom Wallis 12 South Africa false North West Potchefstroom Central

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    Your shop

    Engel & Völkers Potchefstroom

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    Provider:

    Potchefstroom

    License partner of Engel & Völkers Southern Africa (Pty) Ltd

    Commission details

    Agent's Professional Fee is included in the price advertised.

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