98 m² Commercial space in Polokwane Central
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.
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Property details
- Listing number T4050088
- Property type Commercial
- Erf size 1 586 m²
- Floor size 98 m²
- Rates and taxes R 2 329