Apartment for sale
Enjoy steady income in a vibrant student precinct close to campus and shops; three-storey building with approved extension plans, 18 flats housing 90 students with current rental income of R117,914/month.
Amazing opportunity for the right investor!!!
Three storey building that boasts 18 flats which consists two and three bedrooms. With the approved plans for extending & changing some of the rooms.
This property currently has a great rental income of R117 914,00 per month & that is with a tenant renting the entire complex. The rental agreement comes up for renewal in April 2025. The rental escalates with 10% each year which means more capital.
The tenant is currently leasing out the property as student accommodation with a capacity to hold 90 students. Each student pays R4 500 per month. This is an opportunity not to be missed.
Grow your property portfolio with this great investment, call us today!
Listed for sale at R9,999,000
Limited comparable data
We found only 2 similar-sized active homes in Polokwane Central — not enough for a fair price comparison.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Polokwane Central is a vibrant urban hub that offers residents convenient access to essential services, diverse retail opportunities, and a central location within the heart of Limpopo's capital city.
