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R13,695,000 ZAR
Polokwane, Limpopo Province
South Africa
South Africa
54 bedrooms
36 baths
Residential For Sale, Cluster Houses
Land size: 30,731 sqft ::
2,855 m2
Sale price per sqm: 0
Remarks:
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
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
Features:
- 18 kitchens
- Kitchen
- Reference Number: POL-RS01083
- Property Features: Balcony
Location:
Polokwane, Limpopo Province, South Africa
Listed By Century 21 Polokwane
The Residential For Sale, Cluster Houses located in Polokwane, Limpopo Province, South Africa is currently for sale. This property is listed for R13,695,000 ZAR. This property has 54 bedrooms, 36 bathrooms. If this property isn't what you're looking for, search Limpopo Real Estate to see other Homes For Sale in Polokwane.