Exceptional Investment Opportunity in Potchefstroom’s Bailie Park: Income-Generating Property with 11 Premium Apartments

ZAR 2,900,000
  • 11 Bedrooms
  • 12 Bathrooms
  • 1,463 m² Plot surface

Description

Seize this outstanding investment opportunity in Potchefstroom's highly desirable Baillie Park! This beautifully maintained property boasts 11 spacious, contemporary apartments, offering both substantial rental income and the potential for long-term growth. Investment Highlights: 11 Stylish Apartments: Each unit is designed to attract quality tenants, enhancing occupancy and ensuring a steady rental flow. Robust Monthly Income: Currently generating R38,000 monthly, providing a reliable annual income of R456,000. Excellent Condition: Recently repainted and meticulously cared for, minimizing immediate maintenance needs and maximizing tenant appeal. Reliable Tenant Base: A stable and dependable tenant roster ensures low vacancy risk and steady cash flow. Sought-After Location: Set in the heart of Baillie Park, a community known for its amenities, convenience, and strong rental demand. High ROI Potential: With solid income and room for future appreciation, this property promises a favorable return on investment. This property offers a rare combination of modern, high-demand apartments in a prime location, ensuring ongoing rental income and the potential for value appreciation. Don’t miss out on this exceptional opportunity in Potchefstroom’s Baillie Park!

Features
Garden
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Engel & Völkers Potchefstroom

Your advisor: Danelle Kruger

Property ID: ENV158205

Property details

Property type

House

Bedrooms

11

Bathrooms

12

Parking spaces

9

Plot surface

1,463 m²

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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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