$748,243

Listing currency: ZAR 13,700,000

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Polokwane, South Africa

Commercial Property for Investment for a Lifetime 18 X 3 Bedroom Townhouses for Sale in Annadale Opportunity: Property Highlights: 18 Duplex 3-bedroom townhouses.m2 bathrooms in each unit. Spacious lounge and kitchen areas. Very generous loft space. Dedicated car parking for residents 4 x Newly Upgraded Units: 4 units have recently been upgraded, ensuring modern and attractive living spaces. 15 units are currently under the lease agreement Monthly rental income at the moment for 15 of the 18 units is R6500 per unit with a total monthly income of R97,500 All units are equipped with prepaid electricity and water meters, providing convenience for tenants and landlords. Controlled access via a sliding gate with phone activation—electric fence for enhanced security. The current lease agreements showcase the strong demand for quality living spaces in this area. Enjoy a reliable monthly income stream from existing lease agreements. Four units have already been upgraded, adding immediate value to your investment. Prepaid utilities offer hassle-free management for both you and your tenants. Your investment is protected with a sliding gate and electric fence, ensuring peace of mind. Situated in a prime location in Annadale, our townhouse complex is conveniently located near amenities like schools, shopping centers, etc, making it an attractive option for potential tenants. "Sectional title register available"

Amenities

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Home size: 135 ft2 / 12.54 m2
  • MLS: RNR19067
  • Status: Active

Property brokered by

RealNet Properties

(086) 046-0460

Presented by Maryna van der Merwe

Contact Maryna van der Merwe

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