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R3,600,000 | 9 Bedroom House For Sale in Kannoniers Park

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R3,600,000

Monthly Bond Repayment R36,548.24
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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INVESTMENT OPPORTUNITY - POTENTIAL STUDENT ACCOMMODATION NEAR NWU POTCHEFSTROOM

An Exceptional Investment Opportunity in a Sought-After Student Area

Positioned within walking distance of the North-West University (NWU) Potchefstroom campus, this property presents an exciting opportunity for investors seeking to enter or expand within the student accommodation market.

With its versatile layout, generous accommodation options, and additional outside unit, this property offers excellent potential to be developed into a student accommodation investment, subject to the necessary approvals and compliance requirements.

Main Residence

The main house offers a practical layout with generous living spaces and accommodation potential, comprising:

Five bedrooms

Comfortable living room

Separate dining room

Two full bathrooms and an additional half bathroom

A lovely garden providing an attractive outdoor environment

Additional Outside Unit

A separate outside unit adds further versatility to the property and comprises:

Four rooms

Kitchen

Bathroom

This additional space creates exciting possibilities for investors looking to maximise the property's accommodation capacity, subject to the property's approved use and applicable municipal requirements.

Why Invest in This Property?

Prime Student Location: Conveniently situated within walking distance of NWU Potchefstroom campus, making it an attractive location for students seeking accessible accommodation close to university facilities.

Strong Student Accommodation Appeal: Located in a popular student area, the property offers the potential to cater to the ongoing accommodation needs of the university community.

Multiple Accommodation Possibilities: The combination of a five-bedroom main residence and a separate outside unit provides flexibility for a range of accommodation models, subject to the necessary approvals.

Value-Adding Potential: Investors have the opportunity to explore improvements, optimise the property's layout, and develop a student accommodation offering tailored to the local market.

A Versatile Property Investment: Whether you are an established property investor or looking to expand your portfolio, this property offers an opportunity to explore the student rental market in one of Potchefstroom's key university locations.

Invest in Potchefstroom's Student Accommodation Market

Properties offering proximity to a university and flexible accommodation options can be attractive to investors seeking long-term rental income opportunities.

Don't miss the opportunity to explore the potential of this well-positioned property.

Features

9
3.5
Pets Allowed
No
Interior
Bedrooms
9
Bathrooms
3.5
Kitchen
2
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
2
Flatlet
1
Pool
No
Sizes
Land Size
1,269m²
1
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