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Commercial Property in Polokwane Central For Sale

R10 600 000

Bedroom icon 32 18 583m2 1428m2
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Commercial Property in Polokwane Central For Sale

Student Accommodation! Investment Opportunity!

Bedroom icon 32 18 583m2 1428m2

Commercial Property in Polokwane Central For Sale

Student Accommodation! Investment Opportunity!

R10 600 000

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  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
18 Bedroom icon 32 1428m2

Features

  • Parking 18

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.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 6,000

Property Details

Web Ref RXEG-8300
Property Type Commercial Property
Building Size 583m2
Erf Size 1428m2
Bedrooms 32
Bathrooms 18

Contact Agent

Agent profile picture

J.P. Lopes

Sales Associate

RE/MAX Northland Realty (Polokwane)

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Enquiry about property Ref:RXEG-8300

R10 600 000
change currency
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

J.P. Lopes

Sales Associate

RE/MAX Northland Realty (Polokwane)

MessageCall me back Whatsapp
Book a viewing

Contact J.P. Lopes

Agent profile picture

J.P. Lopes

Sales Associate


RE/MAX Northland Realty (Polokwane)

Show number

Show number

Enquiry about property Ref:RXEG-8300