2 068 m² Office Space in New Park
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