R4,900,000
R4,900,000
336m² Apartment Block For Sale in Polokwane Central
Covered
Ref. CLS3003
Land 1052.00m²
Floor 336.00 m²
Monthly Repayment
R48,524.28
Andre De Jager
Andre De Jager Property Practitioner Seeff Polokwane PPRA Registered | FFC 2023745478
Monthly Rates R1,975
Total R1,975

Prime Investment Opportunity in Polokwane Central

Web Ref. CLS3003
Property Overview: Nestled in the heart of Polokwane Central, this exceptional property offers a lucrative investment opportunity with a mix of rental units designed to cater to diverse tenant needs. Comprising 8 bachelor units and 1 spacious one-bedroom unit, this property ensures a steady and substantial rental income potential of R34,000 per month.
Unit Specifications:
1. Bachelor Units (8 Total):
o Bedrooms: Each bachelor unit features a comfortable, self-contained living space perfect for single professionals or students.
o Bathrooms: Each unit is equipped with its own private bathroom, ensuring convenience and privacy for tenants.
o Utilities: Individually metered electricity and water systems allow for efficient usage and straightforward billing.
o Amenities: All units include access to a shared water tank, ensuring consistent water supply even during peak usage times.
o Parking: Covered parking spaces are available for each unit, providing secure and sheltered parking options for residents.
2. One-Bedroom Unit (1 Total):
o Bedroom: A spacious one-bedroom layout ideal for couples or individuals seeking a bit more space.
o Bathroom: A modern, well-appointed bathroom caters to the needs of the occupants.
o Utilities: Like the bachelor units, this unit benefits from separate electricity and water meters, promoting energy efficiency and cost-effectiveness.
o Amenities: Includes access to the shared water tank and a designated covered parking spot, enhancing the living experience.
Property Features:
• Water Supply: A reliable water tank system ensures consistent water availability, reducing dependency on municipal supply fluctuations.
• Covered Parking: Each unit enjoys the convenience of covered parking, safeguarding vehicles from the elements and enhancing security.
• Separate Meters: Independent electricity and water meters for each unit facilitate easy monitoring and management of utility usage, providing transparency for both landlords and tenants.

Features

Zoning
Commercial
Interior
9 Kitchens
9 Bathrooms
Sizes
Land Size 1,052 m²
Floor Size 336 m²
Parking Bays
9 Covered Parkings
Additional Amenities
Prepaid Water
Prepaid Electricity
Electric Fencing
Security Gate
Burglar Bars
Totally Walled
Complex
Carport
Paveway
Water Tanks
Water Tank

Polokwane Central, Polokwane

Polokwane Central is a notable and vibrant suburb with the busiest commercial sector in all of Polokwane. Beautiful historic buildings and museums have contributed to this area's rich history, which dates back to the 1800s. With its blend of suburban and city conveniences and plenty of eateries within easy walking distance, Polokwane Central provides a way of life you can't find anywhere else in the city. Property options in Polokwane Central range from single-family homes and townhouses to flats and high-rise buildings. The area surrounding Polokwane Central is becoming more and more appealing to reside in due to the city's development. A brief history of the area Polokwane Central was founded in 1886, formerly known as...
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Finance

Total Amount Repayable
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Monthly Repayment
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