- 3
- 2
- 1
- 1 205.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 900.00
Property description
This versatile property offers outstanding investment potential. Live comfortably in the spacious 4-bedroom main house while generating rental income from the 4 bachelor flats — or maximize returns by renting out both the house and flats for a strong monthly income. There is also ample opportunity to expand and convert additional spaces into more rental units.
Ideally located in a quiet, central area close to schools, town, and shopping centers, this property combines convenience with long-term value.
Main House Features:
- Spacious kitchen with a separate laundry
- Two large living areas
- Beautiful Oregon pine floors and pressed steel ceilings in parts of the home
- Enclosed stoep, offering additional living or conversion potential
- 4 generously sized bedrooms
- Full bathroom
- Comfortable lounge and dining areas
Bachelor Flats:
- 4 bachelor units currently generating rental income
- 3 units are en-suite and include kitchenettes with built-in cupboards for clothing and groceries
- 4th bachelor flat can easily be expanded into a full 1-bedroom unit by incorporating the enclosed stoep
- 3 flats have secondary electricity meters linked to the main house’s prepaid system
Additional Potential:
- Lock-up garage, storeroom, and domestic quarters with outside toilet can be converted into additional bachelor units or a larger flat
- Excellent opportunity to increase rental yield
Extras:
- Strong borehole — a valuable asset, especially during water shortages as recently experienced in Potchefstroom
- All units, including the main house, are currently tenanted, providing immediate return on investment
This property is ideal for investors looking to expand their portfolio or generate consistent rental income with future development potential.
Contact me today for more information or to arrange a viewing and explore the full potential of this exceptional investment property.
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 1 Garages
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Laundry
- Storage
- Pets Allowed
- Fence
- Access Gate
- Kitchen
- Garden Cottage
- Paving
- Garden
- Family TV Room
| Bedrooms | 3 |
| Bathrooms | 2 |
| Garages | 1 |
| Erf Size | 1 205.0 m2 |
