R4,849,000 | 8 Bedroom Apartment Block For Sale in Polokwane Central

Discover a prime investment opportunity in the heart of Polokwane CBD! This residential property boasts 9 units, including 1 charming 1-bedroom flatlet and 8 spacious bachelor flats. Each unit varies in size, ranging from 18.1sqm to 47sqm, ensuring a diverse appeal to potential tenants. With a total monthly income of R33,000 and 100% occupancy, this property promises a solid return on investment. Monthly expenses include rates and taxes at R1,975 and insurance at R1,300. All rental contracts are securely in place, and every unit is equipped with prepaid water and electricity meters for convenience. Additional features include 8 undercover parking spaces, 10 extra parking spots, a remote entrance gate for enhanced security, and a water tank for emergency supply. Don’t miss out on this exceptional opportunity to own a well-managed residential investment!