Polokwane, Limpopo , South Africa
The Home for Sale located at Polokwane Limpopo South Africa with 54 bedrooms, 36 bathrooms is currently for Sale, Polokwane Limpopo South Africa is listed for $794,998. If the property located at Polokwane Limpopo South Africa isn't what you're looking for, search South Africa Real Estate to see other Homes for Sale in Polokwane .
MLS#: 1762350
$794,998 USD
ZAR13,695,000
- Bedrooms
- 54
- Bathrooms
- 36
Property features
Other features
- Property features
- Balcony
Area
- Land/Lot size
- 2,855m²
- Bedrooms
- 54
- Bathrooms
- 36
- Total rooms
- 90
Description
Secure a lucrative investment with this exceptional offering of 18 duplex 3-bedroom townhouses, each featuring 2 bathrooms. This well-maintained complex in Annadale is ideal for investors seeking reliable income and long-term value.
Property Highlights:
-Unit Details: Each townhouse includes spacious lounge and kitchen areas, plus generous loft space.
- Parking: Dedicated car parking for residents.
- Upgrades: 4 units recently upgraded, offering modern and appealing living spaces.
- Lease Information: 14 out of 18 units currently leased, generating a monthly rental income of R91,000 (R6,500 per unit). With a potential monthly income of R117 000.00 once all the units are rented out.
Investment Benefits:
- Stable Income: Enjoy a steady income stream from the existing lease agreements.
- Upgraded Units: Immediate value added with 4 recently upgraded units.
- Prepaid Utilities: Individual Prepaid electricity and water meters simplify management for both tenants and landlord.
- Enhanced Security: Controlled access with a sliding, electric fence with phone activation.
- Prime Location: Situated in a sought-after area of Annadale, close to schools, shopping centers, and other amenities.
Additional Details:
- Sectional Title: Sectional title register available for your review.
- Future Potential: Benefit from the high demand for quality rental properties in this location.
Why Invest?
This property offers a solid investment with immediate income and security, making it an attractive option for those looking to capitalize on a well-located and professionally managed residential complex.
Contact us today to explore this exciting investment opportunity further!
• 18 units for rental
• Individual Pre-paid water and Electricity
• 2855sqm
• Secure complex