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Development Opportunity on Bult Street
R 3,950,000
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9 months ago101 views
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General Details
Location:
For Sale By:Agency
Description
Prime development opportunity in Potchefstroom
This property, located in the Bult area, presents an exceptional investment for serious developers. It offers proximity to the highly innovative North West University (Puk, Pukke) and the bustling business area.
The property currently features a 5-bedroom house that can be easily transformed into student accommodation. Moreover, it has zoning potential for offices or flats, making it versatile for various development preferences. The option to combine it with an adjacent stand further expands the development possibilities.
The spacious yard allows for more flats or secured parking space, enhancing the income-generating potential. Whether you aim to develop student accommodation or create a mixed-use space with residential and retail areas, this property provides the flexibility to realize your vision.
Don't miss out on this prime opportunity! Contact us today to explore the possibilities and secure your investment in this innovative and promising location. Call Sasha now to discuss further details and arrange a viewing.
Property Reference #: RL5027
Agent Details:
Sasha Jonker
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
This property, located in the Bult area, presents an exceptional investment for serious developers. It offers proximity to the highly innovative North West University (Puk, Pukke) and the bustling business area.
The property currently features a 5-bedroom house that can be easily transformed into student accommodation. Moreover, it has zoning potential for offices or flats, making it versatile for various development preferences. The option to combine it with an adjacent stand further expands the development possibilities.
The spacious yard allows for more flats or secured parking space, enhancing the income-generating potential. Whether you aim to develop student accommodation or create a mixed-use space with residential and retail areas, this property provides the flexibility to realize your vision.
Don't miss out on this prime opportunity! Contact us today to explore the possibilities and secure your investment in this innovative and promising location. Call Sasha now to discuss further details and arrange a viewing.
Property Reference #: RL5027
Agent Details:
Sasha Jonker
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Id Subtitle 1227593169
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Home and Hectare
Selling for 3+ years
Total Ads157
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