R7,650,000

R7,650,000

98m² Apartment Block For Sale in Polokwane Central
Tracy Du Bruyn

Fully Tenanted Apartment Complex with Rental Income

Web Ref. POL-CS00031
Land size 1586.00 m²
Floor size 98.00 m²
Monthly Bond Repayment
R72,852.73
This exceptional apartment complex presents an outstanding investment opportunity in a high-demand rental area. Consisting of 12 bachelor flats, one 1-bedroom unit, and one 2-bedroom unit, this fully tenanted property generates an impressive monthly rental income of R48,400. With individual pre-paid water and electricity meters for each unit and designated parking spaces, this low-maintenance property ensures both convenience and profitability for investors.

Each unit has its own pre-paid utilities, reducing management hassles and ensuring tenants are responsible for their own consumption. Secure and convenient parking, each unit has a dedicated parking.

Investment Highlights
Monthly Rental Income: R48,400 – All units are currently rented out.
Turnkey Investment – Fully tenanted with stable rental contracts, generating income from day one.

This fully occupied, income-generating apartment complex is a rare find, offering strong rental returns and long-term value appreciation. Whether you’re expanding your portfolio or entering the property investment market, this opportunity is not to be missed.

Contact me today to schedule a viewing and secure this lucrative investment!
Monthly Rates R2,329.21

Features

Zoning
Commercial
Interior
14 Kitchens
14 Bathrooms
Sizes
Land Size 1,586 m²
Floor Size 98 m²
Additional Amenities
Borehole
Access Gate
Electric Fencing
Garden
Listing Info
Date Listed 15-02-23
Time Listed 11:07

Finance

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