Polokwane - MR686225

Commercial in Polokwane, Polokwane, Limpopo

R 44,000,000

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6m2
Polokwane - MR686225
Commercial in Polokwane, Polokwane, Limpopo
R 44,000,000
Commercial for Sale For Sale in Polokwane - MR686225
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Key Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Erf Size - 6m2
  • Price per square erf meter - R7,333,333 per m2
  • MyRoof Stats

    • 4 Views
    PID=686225 DID=710273 SID=1

    Turnkey Multi-Unit Property with Strong Rental History

    Introducing a fully operational, income-generating multi-unit property in a highly sought-after location. This 60-unit residential estate has been thoughtfully maintained and consistently attracts quality long-term tenants.

    Each unit features a bachelors flat layout, with kitchen and bathroom. Tenants enjoy amenities such as dedicated parking, secure entry through electric gate and electric fencing all round, and large shared outdoor space with park for kids, making it a popular choice for professionals and small families alike.

    The property sits on a large plot, close to public transit, a shop and filling station. Current leases are month-to-month/year-long. It offers immediate income with potential upside through rent increases or unit upgrades.

    There is also an additional 4 bedroom house, which is fenced separately from bachelor units with its own yard space. This can be used as management residence or also be rented out to a larger family.

    Whether you're looking to expand your portfolio or secure a low-maintenance, high-performing asset, this property checks all the boxes. Stable occupancy, low overhead, and strong tenant demand make this an excellent long-term investment.

    Price is excluding VAT


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