R4,900,000
1,052m² Guest House For Sale in Polokwane Central
This remarkable property comprises nine rental units designed to cater to various needs. Among them, you'll find a spacious 1-bedroom unit and eight cozy bachelor units, ensuring broad tenant appeal.
What sets this property apart? It boasts an impressive 100% occupancy rate! With every unit already occupied, you'll enjoy immediate rental income without delay.
Tenant stability is guaranteed! Solid, long-term contracts are in place with all tenants, ensuring a steady and reliable rental income stream.
Each unit is equipped with prepaid water and electricity meters, simplifying billing and keeping expenses under control.
You have the opportunity to increase the property's density with the addition of one more unit, enhancing your rental income potential even further.
The seller is not VAT registered, simplifying the purchase process.
Situated in a highly desirable location with easy access to amenities, schools, and public transportation, this property offers convenience and appeal to your tenants.
With an established tenant base and the option to expand, this property represents a smart investment choice with room for future value appreciation in this thriving neighborhood.
Don't miss this extraordinary opportunity. Whether you're an experienced investor or new to real estate, these nine rental units offer a promising investment.
Features
Exterior
Sizes
Polokwane Central, Polokwane
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