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R 8 600 000

Commercial Property for Sale in New Park

Kimberley, New Park

Floor Size 2068 m² Erf Size 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 Read more...
Listing Number
114219390
Type of Property
Commercial Property
Description
Office
List Date
03 April 2024
Erf Size
2 068 m²
Floor Area
2 068 m²
Rates and Taxes
R 4 026
Bathrooms
24
Kitchen
1
Rooms
Air Conditioner
Parking
23
Security
24 Hour Access
Temperature Control
1
Flatlet
Yes

Education

Hoërskool Noord-Kaap
0.33km
Newton Primary School
0.65km
Hoërskool Adamantia
0.72km
Hoër Tegniese Skool Kimberley
0.76km
Laerskool Vooruitsig
0.77km
Laerskool Eureka
1.06km
Kimberley Junior School
1.26km
Kimberley Boys High School
1.48km
Hoërskool Diamantveld
1.79km
Staats Primary School
1.90km
Itekeleng Primary School
1.99km
Luxor Akademiese Skool
1.99km
West End Primary School
2.04km

Food and Entertainment

Shadows
1.14km
Occidental Bar
1.48km
Australian Arms
1.52km
Northern Cape Theatre
1.68km
The Kimberley Club
1.68km
The Kimberley Club
1.69km
Star of the West
1.76km

Health

Kimberley Hospital
1.84km
Curomed
1.90km
Medi Clinic
2.03km

Sports and Leisure

Post Office Tower
0.96km
Honoured Dead Memorial
1.53km

Transport and Public Services

Kimberley
1.43km
Open Mine Car Park
1.45km
Kimberley Club parking
1.62km
William Humphreys Art Gallery
1.73km
Magistrates Courts Car Park
2.10km

Contact Agents

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Linda Erlank
Sandra Groenewald

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Chas Everitt, Kimberley

View all properties for Sale

Linda Erlank
Sandra Groenewald

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