R 7 650 000
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98 m² Commercial space in Polokwane Central

1 586 m² 98 m²

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.!

Property details

  • Listing number T4050088
  • Property type Commercial
  • Listing date 15 Feb 2023
  • Land size 1 586 m²
  • Floor size 98 m²
  • Rates and taxes R 2 329

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