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R7,700,000

Monthly Rates
R1,975 Excl. VAT

1,903m² Apartment Block For Sale in Polokwane Central

This property boasts a total of 14 rental units - offering a diverse mix of accommodation. Among them, there are 3 spacious 1-bedroom units and 11 cozy bachelor units, ensuring you a broad tenant appeal.

All 14 units are currently occupied, delivering a 100% occupancy rate! This means instant rental income and peace of mind for your investment.

Worried about tenant stability? Don't be! We have solid contracts in place with all tenants, guaranteeing rental income security.

Each unit is equipped with prepaid water and electricity meters, making billing a breeze and minimizing expenses.

The seller is not VAT registered, simplifying the purchase process.

With rental income already flowing in, this property offers immediate returns on your investment. Plus, the potential for future value appreciation is promising in this growing neighborhood.

Don't miss out on this fantastic opportunity to secure your financial future. Whether you're an experienced investor or just starting your real estate journey, these 14 rental units represent a sound investment choice.

Contact us today to schedule a viewing and discuss how you can make this exceptional property yours. Our experienced estate agents are ready to assist you every step of the way!

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,903m²
Land Size
1,900m²

Polokwane Central, Polokwane

Polokwane is the capital city of the Limpopo province. It was one of the host cities of the 2010 FIFA World Cup. Polokwane boasts excellent accommodation, fine weather, and a busy, friendly population, making it the ideal business or getaway destination in the geographic and economic heart of the Limpopo Province. Polokwane - meaning "Place of Safety" in Northern Sotho, also known by its former...
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Disclaimer: While every effort will be made to ensure that the information contained within the Huizemark South Africa website is accurate and up to date, Huizemark South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

107,160.09

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