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583m² Apartment Block For Sale in Polokwane Central
POA
Web Ref No DPC260
Flat For Sale In Polokwane
Amazing opportunity for the right investor!!!
Three storey building that boasts 18 flats which consists two and three bedrooms. With the approved plans for extending & changing some of the rooms.
This property currently has a great rental income of R117 914,00 per month & that is with a tenant renting the entire complex. The rental agreement comes up for renewal in February 2026. The rental escalates with 10% each year which means more capital.
The tenant is currently leasing out the property as student accommodation with a capacity to hold 90 students. Each student pays R4 500 per month. This is an opportunity not to be missed.
Grow your property portfolio with this great investment, call us today!
Three storey building that boasts 18 flats which consists two and three bedrooms. With the approved plans for extending & changing some of the rooms.
This property currently has a great rental income of R117 914,00 per month & that is with a tenant renting the entire complex. The rental agreement comes up for renewal in February 2026. The rental escalates with 10% each year which means more capital.
The tenant is currently leasing out the property as student accommodation with a capacity to hold 90 students. Each student pays R4 500 per month. This is an opportunity not to be missed.
Grow your property portfolio with this great investment, call us today!
Features
Zoning Mixed Use
Monthly Rates R6,000.00pm Excl. VAT
Floor Size 583m²
Land Size 1,432m²
Monthly Rates R6,000.00pm Excl. VAT
Floor Size 583m²
Land Size 1,432m²
Broker Contact Details
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