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1,903m² Apartment Block For Sale in Polokwane Central

R7,700,000

Web Ref No 6123188
This property boasts a total of 14 rental units - offering a diverse mix of accommodation. Among them, there are 3 spacious 1-bedroom units and 11 cozy bachelor units, ensuring you a broad tenant appeal.

All 14 units are currently occupied, delivering a 100% occupancy rate! This means instant rental income and peace of mind for your investment.

Worried about tenant stability? Don't be! We have solid contracts in place with all tenants, guaranteeing rental income security.

Each unit is equipped with prepaid water and electricity meters, making billing a breeze and minimizing expenses.

The seller is not VAT registered, simplifying the purchase process.

With rental income already flowing in, this property offers immediate returns on your investment. Plus, the potential for future value appreciation is promising in this growing neighborhood.

Don't miss out on this fantastic opportunity to secure your financial future. Whether you're an experienced investor or just starting your real estate journey, these 14 rental units represent a sound investment choice.

Contact us today to schedule a viewing and discuss how you can make this exceptional property yours. Our experienced estate agents are ready to assist you every step of the way!

Features

Zoning Commercial
Monthly Rates R1,975.00pm Excl. VAT
Floor Size 1,903m²
Land Size 1,900m²

Broker Contact Details

Leahan Retief
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 431 37)

Cell 073 201 3590
Office (082) 9531686

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