SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R7,650,000

Centrally Situated Income Property with High Demand

This centrally situated property is a prime investment opportunity, boasting a total area of 1486m2. Currently, the property consists of 14 meticulously designed and well-maintained tiled units, all of which are fully occupied. The demand for these units is so high that there is a long waiting list of prospective tenants eager to secure a space in this desirable location.
Key Features:
• Occupancy: All 14 units are currently occupied, providing a steady and reliable income stream for the owner.
• Waiting List: The property's popularity is evidenced by a long waiting list of individuals eager to lease a unit, emphasizing the high demand in the area.
• Utilities: The property is equipped with a borehole, ensuring a consistent and reliable water supply, a valuable feature for both residents and property management.
• Security: Security is a top priority, as the property is fully walled and complemented by an electric fence. This security setup enhances the safety and well-being of both residents and the overall complex.
• Complex Amenities: The property is part of a security complex, providing an added layer of safety and community living. This makes it an attractive option for tenants seeking a secure and comfortable environment.
Investment Potential:
Given the fully occupied status, long waiting list, and desirable location, this property presents a compelling investment opportunity. Whether you are an experienced investor or seeking a stable income-generating asset, this centrally situated complex offers both immediate returns and future potential.
For a private viewing, phone your MASTER PRACTITIONER in REAL ESTATE without delay.!

Features

0
0
Zoning:
Commercial
Exterior
Security
No

In the news

Meropa Casino in Polokwane will have you feeling like a winner
You're in for a treat if you're a Polokwane resident. Since it opened its doors 22 years ago, Meropa Casino and Entertainment World has cemented its status as a local one-stop destination for fun-filled family outings.  This...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Apartment Blocks for sale in Polokwane Central, Polokwane.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Century 21 website is accurate and up to date, Century 21 makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

108,652.54

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.