R 8 600 000
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2 068 m² Office Space in New Park

24 2 068 m² 2 068 m²

Commercial Property with Great Potential/Investment

This property is situated near the Sol Plaatje Municipality and is ideal for student accommodation

***BONUS = Current income p/m = R80 000 (Convert it into Student housing and potential income can be R138 000p/m)

There is a high demand for both student accommodation and office space. This presents an excellent investment opportunity with the potential for steady rental income

2 Properties for the price of one

Building 1 (Zoning: Commercial)

Office space - . three offices, a kitchen, and a bathroom.

10 x Bachelors flats with kitchenette and bathroom

7 x Open parkings and 7 carports

Building 2 (Zoning: Residential)

14 x Bachelors flats with kitchenette and bathroom

20 x Parkings

(Prepaid electricity for each room)

2 x Electric gates

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Property details

  • Listing number T4581328
  • Property type Offices
  • Erf size 2 068 m²
  • Floor size 2 068 m²
  • Rates and taxes R 4 026

Property features

  • Bathrooms 24

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