SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R12,733,000

Monthly Rates
R14,000 Excl. VAT

Prime Investment Opportunity 20-Unit Complex in Polokwane

Investing in the 20-unit complex in Polokwane presents an exceptional opportunity for commercial investors. Each unit within this complex has private amenities, offering tenants heightened comfort and privacy. This feature enhances tenant satisfaction and contributes to a stable and potentially increasing rental income, which currently stands at an impressive R 136,343. The complex promises a lucrative return on investment, appealing to both seasoned and novice real estate investors.

Moreover, the complex offers additional private parking at the back, which is negotiable but not included in the sale, providing flexibility for further investment or tenant convenience. This combination of strong rental income, private amenities, and potential for additional parking space makes it an attractive choice for investors looking to capitalize on the growing demand in the Polokwane area.

For more details and to explore this outstanding investment opportunity, please feel free to give me a call.

Connecting hearts and homes

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,137m²
Land Size
2,855m²

Annadale, Polokwane

Polokwane, which translates to "Place of Safety" in Northern Sotho, is also known by its former name of Pietersburg. The city is the capital of the Limpopo Province and is South Africa's largest urban centre north of Gauteng. It lies roughly halfway between Gauteng (300 km) and the Zimbabwean border (200 km.) Popular suburbs in Polokwane include Westenburg, Nirvana, Bendor, Welgelegen, Moregloed, Annadale,...
More Info

In the news

Polokwane is booming! Here's why!
Polokwane is a modern city built on rich history and heritage. The discovery of gold south of the town in the 1880's attracted investors, researchers, and scientists from all parts of the world. The need for a nearby town was...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Businesss for sale in Annadale, Polokwane.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

179,020.18

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.