R 4 500 000 | Commercial Property for Sale in Die Bult

Potchefstroom, Die Bult

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Erf Size: 1 319 m²

Exclusive Mandate – Student Investment Property

Exceptional student accommodation investment opportunity situated in Molen Street, approximately 1 km from the NWU Main Gate!

This spacious Res 3 zoned property offers multiple accommodation options and an impressive rental income of approximately R41,000 per month, making it an excellent opportunity for investors looking to expand their student accommodation portfolio.

Accommodation Potential

The property currently offers:

1 x 1-bedroom flat, with potential to convert into a 2-bedroom unit
2 x 2-bedroom flats, each with potential to convert into 3-bedroom units
2 x bachelor units
Main house offering:
1 bedroom with potential to convert into 2 bedrooms
2 bedrooms with potential to convert into 3 bedrooms
Bachelor units with potential to convert into 2 bedrooms

With the right configuration, the property has excellent potential to increase the number of rentable rooms and maximise rental returns.

Investment Highlights
Rental income: ±R41,000 per month
Res 3 Zoning
Prepaid electricity
Parking for 9 vehicles
Approximately 1 km from NWU Main Gate
Multiple rental streams
Excellent potential for student accommodation
Versatile Property Use

The property's Res 3 zoning and layout also make it suitable for various alternative uses, subject to the relevant municipal approvals, including:

- Student accommodation / NSFAS accommodation
- After-care centre
- Offices
- Other income-generating accommodation opportunities

A rare opportunity to secure a strategically positioned property close to NWU with strong existing rental income and significant potential for further growth.

Contact Brocor Property Group today to arrange a viewing and explore the investment potential of this property!

Serious investors encouraged to enquire.