- 32
- 18
- 583 m2
- 1 428 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 6000.00
Property description
This is most certainly the best student accommodation opportunity around. This property is literally 50 metres from UNISA and in walking distance to other FET Colleges in the Polokwane CBD.
The triple storey property offers 18 spacious units, comprising of 3 bedroomed, 2 bedroomed, 1 bedroomed and bachelors, totalling 32 bedrooms. The building has recently been renovated with new and fresh finishes and offer ample parking space.
The building is currently leased out to a company with a student accommodation contract which is up for renewal in March 2026. The property generates R107 000.00 per month and the lease is responsible for general maintenance and the municipal rates and taxes. Doesn’t a 12.5% R.O.I sound good?
Don’t miss out on this fantastic chance to create a profitable and desirable business.
Call me TODAY for an exclusive viewing appointment.
If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment for you!!! Please also click on the logo to your right to see all properties available by us.
Property Details
- 32 Bedrooms
- 18 Bathrooms
Property Features
| Bedrooms | 32 |
| Bathrooms | 18 |
| Floor Area | 583 m2 |
| Erf Size | 1 428 m2 |
