Multi-Purpose Investment Property in Potchefstroom Industrial

ZAR 12,000,000
  • 12,196 m² Plot surface

Description

Exclusive Mandate Discover an exceptional investment opportunity in the heart of Potchefstroom Industrial. This versatile property has been meticulously developed to cater to a variety of residential needs, offering a diverse range of units ideal for both long-term tenants and short-term visitors. Property Features: • Unit Variety: The property features a mix of two-bedroom houses, lofts, one-bedroom flats, and bachelor units, catering to different preferences and needs. • Airbnb Potential: Several bachelor units are currently utilized for Airbnb, providing a steady stream of short-term rental income. • Prepaid Electricity: Most units are equipped with prepaid electricity meters, offering convenience for both tenants and property management. • Sustainability: One of the two-bedroom units boasts a 5Kw solar and inverter system, ensuring energy efficiency and reduced utility costs. • Development Potential: The expansive back portion of the property offers significant potential for further development, presenting an excellent opportunity to increase rental income and maximize your investment. • Event Venue: The property includes a beautiful venue with a liquor license, perfect for events and functions, adding an additional revenue stream. • Truck Stop: The current zoning of the property allows for a truck stop, which is already generating income. This multi-purpose property is perfectly positioned to take advantage of the growing demand for residential and commercial facilities in the industrial area, making it a sound investment choice with promising returns. Seize the opportunity to invest in a property that combines versatility, sustainability, and growth potential in Potchefstroom Industrial.

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Engel & Völkers Potchefstroom

Your advisor: Kelvin Holton

Property ID: ENV181416

Property details

Property type

Industry

Plot surface

12,196 m²

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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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