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