Commercial space in Polokwane Central

Investment opportunity. The multiple storey building consists of the following:

Six shops on the ground floor, with a total income of +/-R55 000.00 per month.

Student accommodation flats that can accommodate 54 students on the first and second floor, with a total income of +/- R237 000.00 per month.

There are 2 two-bedroom units with a separate kitchen, living area and bathroom.

The other 10 units are one-bedroom units with a separate kitchen, living area and bathroom.

The building has a 20 000 liter tank and borehole water.

The property is fully occupied for the next 3 years with a rental escalation of 6% yearly.

Call now for your private viewing.