Potchefstroom Development

Located in North West

2 Bedroom and 2 Bathroom 64.5m² 1st Floor Apartments from R 899,000

2 Bedroom and 2 Bathroom 64.5m²  Ground Floor Apartments from R 925,000

Levies Included for 12 Months | No Transfer Cost | Bond Registration Cost Included

More Information & Enquiry

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Potchefstroom is located in the heart of the North West and is only a 40 Minute drive from Johannesburg.
Situated in a High Rental Demand area, this modern open plan living Apartments are only 3,4km from the
Potchefstroom CBD, and 7km from the NWU Potchefstroom Campus. With numerous new students
entering the town every year, residential units are in high demand.

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Key Features & Investment Features

Key Features & Amenities

  • Secure complex with access control
  • Secure Undercover Parking and extra Carport Parking
  • Private Patio with built-in Braai
  • Built-in oven, 4 Plate Hob and Extractor Fan
  • Modern open plan living

Investment features:

  • 12 Months Free Levies
  • No Transfer Cost
  • Bond Registration Cost Included 
  • 100% Bonds available for Qualifying Investors
  • Estimated Return on Investment 9.9%
  • Located in an established High Growth area
  • HIGH Rental Demand
  • Construction in Progress
  • Estimated date of Transfer – February 2023

64.5m² Unit Plans

Apartments from R 899,000

Investment Summaries

64.5m², 2 Bed and 2 Bath, First Floor Apartments – R 899 000

Purchase Price* (minus R 30 000 Deposit): R 869 000
Monthly Bond Repayment @ 11.75% Prime: R 8 772
Monthly Levies (Included for 12 months): R 1 000
Monthly Rates & Taxes: R 550
Monthly Rental Income: R 8 000
Monthly Shortfall: R 1 322
Net Yield: 9.9%

Investment Summaries

64.5m², 2 Bed and 2 Bath, Ground Floor Apartments – R 925 000

Purchase Price* (minus R 30 000 Deposit): R 895 000
Monthly Bond Repayment @ 11.75% Prime: R 9 034
Monthly Levies (Included for 12 months): R 1 000
Monthly Rates & Taxes: R 550
Monthly Rental Income: R 8 000
Monthly Shortfall: R 1 584
Net Yield: 9.7%

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