R 10 550 000
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32 Bed Apartment in Polokwane Central

32 18 1 428 m²

Perfect Investment Opportunity. Investment Opportunity!!!

This apartment block situated in Polokwane central is a sure investment that will deliver a great return on the investment.

The property offers the following:

1 x Three bedroom flat

12 x Two bedroom flats

3 x 1 Bedroom flats

2 x Bachelors flats

Currently there is lease contract in place with a single tenant renting the entire building with the lease still running until June 2023. The monthly rent generated from the the tenant is R 107 000.00 per month Vat exclusive. Currently it is being used for student accommodation.

Pre - paid water and electricity meters are in place at the building.

Give me a call if you are interested in viewing.

Property details

  • Listing number T3904091
  • Property type Apartment
  • Erf size 1 428 m²

Property features

  • Bedrooms 32
  • Bathrooms 18
  • Lounges 1
  • Fenced
  • Security Post

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