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R3,500,000 ZAR
Polokwane, Limpopo Province
South Africa
South Africa
10 bedrooms
4 baths
Residential For Sale, House
Land size: 15,683 sqft ::
1,457 m2
Sale price per sqm: 0
Remarks:
Property Overview: Located in Bendor, this impressive multi-unit property offers a fantastic investment opportunity. Spread across a generous erf of 1,457 m², this property features four rental units with a proven track record of generating substantial rental income. Priced at R 3,500,000.00, this property is ideal for investors looking to capitalize on the robust rental market in Bendor.
Property Details:
• Location: Bendor
• Erf Size: 1,457 m²
• Zoning: Residential 2 (Res 2)
• Water Supply: Borehole (37 meters)
• Access: Remote access gates
• Utilities: Each unit has its own prepaid electricity meter, and gas stoves
• Water Storage: 2 JoJo tanks for additional water supply
Unit Breakdown and Rent Income:
Gate 1:
• Unit 1:
o Rent Income: R 4,500.00 per month
o Features:
? 1 Bedroom
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
? Own gate access
Gate 2:
• Communal Area:
o Amenities: Communal swimming pool
• Unit 2:
o Rent Income: R 12,500.00 per month
o Features:
? 4 Bedrooms
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
• Unit 3:
o Rent Income: R 4,500.00 per month
o Features:
? 1 Bedroom
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
• Unit 4:
o Rent Income: R 12,500.00 per month
o Features:
? 4 Bedrooms
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
Total Monthly Rental Income: R 34,000.00
Investment Highlights:
• Zoning: Res 2, allowing for residential development and potential expansion
• Utilities: Each unit equipped with cost-effective gas geysers and stoves, and individual prepaid electricity meters
• Water Security: Borehole and JoJo tanks ensure a reliable water supply
• Access: Secure remote access gates for enhanced safety
• Amenities: Communal swimming pool for tenant use
Financial Information: This property is priced at R 3,500,000.00. With a total monthly rental income of R 34,000.00, the property offers a lucrative return on investment. The established tenant base and high demand for rental units in Bendor make this a solid and reliable income-generating asset.
Property Details:
• Location: Bendor
• Erf Size: 1,457 m²
• Zoning: Residential 2 (Res 2)
• Water Supply: Borehole (37 meters)
• Access: Remote access gates
• Utilities: Each unit has its own prepaid electricity meter, and gas stoves
• Water Storage: 2 JoJo tanks for additional water supply
Unit Breakdown and Rent Income:
Gate 1:
• Unit 1:
o Rent Income: R 4,500.00 per month
o Features:
? 1 Bedroom
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
? Own gate access
Gate 2:
• Communal Area:
o Amenities: Communal swimming pool
• Unit 2:
o Rent Income: R 12,500.00 per month
o Features:
? 4 Bedrooms
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
• Unit 3:
o Rent Income: R 4,500.00 per month
o Features:
? 1 Bedroom
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
• Unit 4:
o Rent Income: R 12,500.00 per month
o Features:
? 4 Bedrooms
? 1 Lounge
? 1 Kitchen
? 1 Bathroom
? Courtyard
Total Monthly Rental Income: R 34,000.00
Investment Highlights:
• Zoning: Res 2, allowing for residential development and potential expansion
• Utilities: Each unit equipped with cost-effective gas geysers and stoves, and individual prepaid electricity meters
• Water Security: Borehole and JoJo tanks ensure a reliable water supply
• Access: Secure remote access gates for enhanced safety
• Amenities: Communal swimming pool for tenant use
Financial Information: This property is priced at R 3,500,000.00. With a total monthly rental income of R 34,000.00, the property offers a lucrative return on investment. The established tenant base and high demand for rental units in Bendor make this a solid and reliable income-generating asset.
Features:
- 4 kitchens
- Kitchen
- Recreational Features: Swimming Pool
- Interior Description: Unfurnished
- Association/Community Features Description: Pets Allowed
Location:
Polokwane, Limpopo Province, South Africa
Listed By Century 21 Polokwane
The Residential For Sale, House located in Polokwane, Limpopo Province, South Africa is currently for sale. This property is listed for R3,500,000 ZAR. This property has 10 bedrooms, 4 bathrooms. If this property isn't what you're looking for, search Limpopo Real Estate to see other Homes For Sale in Polokwane.