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From R899 000

Keurboom Park, Potchefstroom, North West

Exclusive to Empire Wealth Clients - ALL COSTS INCLUSIVE WITH FREE LEVIES FOR YEAR 1!!

Brand New Cash Flow Positive Buy-to-Let Apartments in Potchefstroom with all costs inclusive & Levies Included for Year 1! This new off-plan development will consist of only 24 units, upmarket finished in an area with a high rental demand for rental properties in this price bracket. Not to be missed.

INVESTMENT SUMMARY

  • Investment Strategy: Buy-To-Let
  • Property Type: Residential Sectional Title
  • Occupation Date: End of 2022
  • Deposit to Secure: R25 000,00
  • Capital Growth: High growth area with very limited sectional title
  • Cash Flow: Positive by R420/mo at 100% finance & 7,75% interest
  • Net Rental Yield: 9,16%

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  • Webinar

Keurboom Park, Potchefstroom, North West

<p><iframe src="https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d1781.7404186250133!2d27.111863827139015!3d-26.729027798185353!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x0%3A0xc503f457d30953bb!2zMjbCsDQzJzQ0LjUiUyAyN8KwMDYnNDUuMyJF!5e0!3m2!1sen!2sza!4v1644354785028!5m2!1sen!2sza" width="250" height="150"></iframe></p>
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Property Details

2 bedrooms, 2 bathrooms
64,5 Square Meters
Modern open-plan living
​ 24-hour guarded security
​ Secure under covered parking PLUS extra uncovered parking
​Private patio with built in braai

<p><i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> 2 bedrooms, 2 bathrooms<br />
<i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> 64,5 Square Meters<br />
<i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> Modern open-plan living<br />
​<i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> 24-hour guarded security<br />
​<i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> Secure under covered parking PLUS extra uncovered parking<br />
<i class="fas fa-angle-right" style="font-size: 24px;color: #313052"></i> ​Private patio with built in braai</p>
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Financial Analysis​

Purchase Price: R899 000

Rental Income: R7700/mo

Bond Repayment: R6,441/mo (@ 7,75%)

Levies: R850

Rates and Taxes: R300

Surplus Year 1: + R420/mo

Surplus Year 2: + R103/mo

Surplus Year 3: + R680/mo

<p><span class="elementor-icon-list-text"><b>Purchase Price:</b> R899 000</span></p>
<p><span class="elementor-icon-list-text"><b>Rental Income:</b> R7700/mo</span></p>
<p><span class="elementor-icon-list-text"><b>Bond Repayment:</b> R6,441/mo (@ 7,75%)</span></p>
<p><span class="elementor-icon-list-text"><b>Levies:</b> R850</span></p>
<p><span class="elementor-icon-list-text"><b>Rates and Taxes:</b> R300</span></p>
<p><strong>Surplus Year 1:</strong> + R420/mo</p>
<p><strong>Surplus Year 2:</strong> + R103/mo</p>
<p><strong>Surplus Year 3:</strong> + R680/mo</p>
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Why invest?

  •  Cash flow positive from Day 1
     Levies Included for Year 1
    In an ​established high growth area
    Very high demand for apartments in the area with limited availability.
    Only R25 000,00 deposit to reserve your unit
    Bond and transfer fees included.
    Strong capital appreciation, A-grade investment.

Buy Now

Location Location Location

The apartment complex is situated in the heart of Potchefstroom. This unique development combines convenience, security and trendy finishes with an ideal location and easy access to a host of local amenities.

Proximity

  • Mooi Rivier Mall: 2km
    ​ Pick n Pay Family Vanderhof Park: 4,5km
    Traffic Department Potchefstroom: 5km
    Virgin Active Potchefstroom: 5km
    Potchefstroom ER Hospital: 6km
    MooiMed Private Hospital: 6km
    High School Volkskool: 6km
    ​Potchefstroom Agricultural College: 7km
    ​NWU Potchefstroom Campus Student Centre: 7km

  • The Area

 

Potchefstroom is an energetic, academic city, hosting the Potchefstroom Campus of the North West University. The community are friendly and helpful, consisting of mostly Afrikaans speakers. This area is known as the North-West Province’s Home of Sport and is a home away from home for many international athletes and teams. With no large industries, this area has clean air, and a low crime rate.

The Mooi Rivier Mall in Potchefstroom has over 100 stores. It boasts food and entertainment facilities that overlook the Mooi River including a cinema, and games at the Magic Company. The Botanical Gardens is also a big attraction for the young and old.

There are many parks and reserves in the area including Boskop Dam Nature Reserve, Dome Bergland Nature Park and Buffelsvlei Wild Animal Park. These parks and reserves are great places for locals to entertain or just to socialise.

Potchefstroom currently has a very large demand for residential units and in the last year potential buyers had to be placed on a waiting list due to no supply. The low interest rates climate has resulted in some people having more disposable income after paying off their short-term debt. They are now using the funds to get into the property market. Potchefstroom on its own is a big market, as there are always people who are searching for residential property.

  • Area Statistics
Statistics are provided by TPN Credit Bureau
 
  • Property Details
  • The Site
  • In secure complex with access control
    ​Located for quick and easy access to major highways including R53, Nelson Mandela Drive and Govan Mbeki Drive
    Secure under cover parking PLUS extra uncovered parking
    ​Close to all major amenities

  • The Units
Designed in 2-storey blocks, these 2-bedroom 2-bathroom units are 64,5m2, combining open plan design with spacious kitchens, bedrooms, bathrooms and en-suite bathrooms.

Value Adding Features

    • Only 24 Units in the entire complex
    • Braai on balcony
    • 2 Bedrooms
    • 2 Bathrooms
    • Open plan living
    • Pre-paid electricity
    • Stylish Finishes
    • BIC in Bedrooms & Kitchen

     

Buy Now

Financial Analytics

This development holds strong appeal for property investors looking for cash flow positive buy-to-let investment opportunities in Potchefstroom’s thriving rental market.
  • Cash Flow Forecast
  • Gross Rental Yield
  • Gallery
Click on the image to enlarge
 

Contact Us

Want more information on this investment opportunity? Complete the contact form below and one of our
property investment strategists will call you back.
  • Cape Town Head Office
  • Studio 2B, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town
  • +27 (021) 126 0250
  • info@empirewealth.co.za
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