5 Bedroom House for Sale in Potchefstroom Central

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R 1 630 000

SOLD

  • 5 Bedroom House for Sale in Potchefstroom Central

Look Out: Prime Investment with Spacious Flatlet & Limitless Development Potential

This spacious property is a rare find in a highly sought-after location. It offers excellent rental income and future development possibilities. Situated within a 2-km radius of North-West University and Vuselela TVET College, this home presents an ideal investment for anyone seeking proximity to these educational institutions.

 

While it could use a little TLC to bring it to its full potential, the foundation is strong, and the opportunity for growth is evident. It currently generates R16,000 gross rental income per month, with a solid gross annual yield of 11.2%, making it an ideal investment both in the present and the future.

Main House Features

  • 3 Generously Sized Bedrooms: Each bedroom has ample cupboard space, and two bathrooms (including an en-suite) offer comfort and convenience.
  • 2 Spacious and Versatile Living Areas: These can be used for a spacious entertainment area or converted into additional rooms for potential tenants.
  • Big Kitchen: With enough space to accommodate many tenants.
  • Double Garage: This large garage could be easily converted into additional bedrooms or living space, offering endless potential to increase rental income or cater to personal needs.

Flatlet Features

  • 2 Bedrooms: Offering comfortable living space for tenants.
  • Private Kitchen & Bathroom: Fully equipped for independent living.
  • Private Garage: A secure and separate garage for added convenience.

Future Development Potential

This property also features a large yard with significant potential for future development. Properties like this don’t stay on the market for very long, so don’t miss out on this exceptional opportunity.

Contact Information

Contact me today to schedule a viewing!

This property is not just a home; it’s a smart investment with limitless potential. Whether you’re looking to generate rental income or develop the property further, this is an opportunity you won’t want to miss.