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Koingnaas, Koingnaas, Koingnaas, Northern Cape
R 990 000
Spacious Property with Endless Possibilities – Former Hostel in Koingnaas This unique property, once a mining hostel, offers an exciting opportunity for investors, developers, or visionaries looking to create something special. Situated in the quiet town of Koingnaas, the property consists of 32 bedrooms, all fitted with built-in cupboards, divided into four separate blocks of eight bedrooms each. The layout also includes: • A communal kitchen • A communal lounge • A large central courtyard, perfect for gatherings or outdoor use With its solid structure and flexible design, this property is brimming with potential. The current owner has already drawn up plans to convert the buildings into self-contained flatlets/units, each with its own kitchenette and bathroom — offering a fantastic investment opportunity. Development possibilities...
Estimated monthly repayment
R 9 349
on a R 891 000 bond over 20 years at 11.25%
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Koingnaas, Koingnaas, Koingnaas, Northern Cape
Area view — the exact address is shared on enquiry.
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