R 3 450 000

11 Bedroom House for sale in Potchefstroom Central

Stunning Investment home in Potchefstroom

Situated in a peaceful cul-de-sac in Potchefstroom Central. 1.5KM from North-West University. Walking distance (500m) away from West Acres Pick&Pay and Shopping Centre. Within 2KM of essential amenities and Mooiriver Mall.



Property Details:

Stand size: 1581 sqm

Total building area: Approximately 575 sqm

All buildings have approved plans.

Zoned as Residential 1





Main House: Divided into three sections..



First section: Rental income R 9000

2 bedrooms,

1 bathroom,

expansive living area, kitchen with pantry & scullery, storeroom, single garage, carport, alarm system.



Second section: Rental income R 7000

3 bedrooms,

2 bathrooms,

large living area, kitchen, bank safe, 2 storerooms, single garage.



Third section: Rental income R 4000

Large loft with separate entrance, kitchenette, bathroom, bedroom,

large living area and carport.





Additional Units: 5 additional units on the property.



3 Bachelor units: Rental income of R3500, R3800, and R3800 per month.

With kitchenette, bathroom, pre-paid meter, parking.



2 One-bedroom units: Rental income of R4000 and R3780 per month.

With kitchenette & living area, pre-paid meter, parking.



Total income p/m: R38 880.



Currently all units tenanted by NON Students

Communal pool shared by tenants

Automatic irrigation system for lawn maintenance



Monthly Expenses:

Armed response: R500

Garden service: R600

Pool maintenance: R400

Rates & taxes: R1200

Water/electricity: R4800

General maintenance: R500

Total expenses: R8000

Disclaimer: While every effort has been made to ensure the accuracy of the property's details and images, the agent and seller accepts no responsibility or liability for any errors or omissions.

Property Features

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