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R12,699,999

36 bedroom apartment for sale in Polokwane Central

36 Beds
12 Baths
1,428m²
Prime Student Accommodation Complex In Polokwane Central!

Situated on a substantial 1428m2 property in the heart of Polokwane central, this purpose-built student accommodation complex offers a lucrative investment opportunity. Boasting zoning for residential 3, this property caters to the growing demand for student housing in the area.

Designed to accommodate 42 students, this complex provides affordable and centrally located accommodation near educational institutions as well as public transport and shops.

With a potential monthly income of R114,000, this investment promises impressive returns. Students pay separately for their water and electricity expenses, contributing to a hassle-free and financially sustainable setup.

Positioned in Polokwane central, the complex offers convenient access to educational facilities, making it an appealing choice for students. Its central location ensures proximity to amenities, public transport, and various conveniences.

The property's residential 3 zoning optimizes its potential for student housing, aligning with the growing demand for such accommodations. This zoning allows for the efficient operation of a student housing complex within local regulatory guidelines.

This student accommodation complex on a sizable 1428m2 property in Polokwane central presents an outstanding investment opportunity. With its capacity to house 42 students, potential monthly income of R114,000, and zoning for residential 3, this property stands as a lucrative venture in the thriving student accommodation market. Don't miss the chance to capitalize on this purpose-built complex and secure a sound investment in the bustling heart of Polokwane!

Contact me today for a viewing.

Property Type
Apartment
Bedrooms
36
Bathrooms
12
Stand Size
1,428m²
Reference
POL-RS00680
Property history
Listed for sale at R12,699,999
30 Nov 2023
Get to know Polokwane
Polokwane, formerly known as Pietersburg, is situated in the Limpopo province. It is only a three-hour drive from Johannesburg and it serves as a starting point for many travelers to some of South Africa’s most well-known tourist attractions.
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