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EXCELLENT investment property, situated within the Medical node of central Polokwane
R 6,300,000
Can I afford this?
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15 days ago37 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2855
Description
ZONED AS RES 4, this property features 14 bachelor flats, each with it's own equipped kitchen and bathroom, generating an impressive monthly rental income of approximately R52,000.
Located in the heart of Central Polokwane, within close proximity to the business district, medical facilities, Universities and Colleges, this property sits on a spacious 2855sqm stand, which offers ample additional space for future developments.
Totally fenced, two entrances with automated gates and a 10,000Ltr water tank connected as a backup water system. Possibility to subdivide into a pan handle.
Don't miss the chance to capitalize on this prime investment in a thriving location.
Pre-approved and Cash buyers will be given preference.
***At Simply Properties, we pride ourselves on providing personalized service to each one of our clients. Our team of experienced Property Practitioners is committed to helping you find the perfect property, whether you're looking to buy or sell. With our extensive knowledge of the local market and our dedication to customer satisfaction, we are confident that we can help you achieve your Real Estate goals. Contact us today to learn more about how we can assist you.
Rates And Taxes: 3959
Property Reference #: 474
Agent Details:
Tania Anderson
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699
Located in the heart of Central Polokwane, within close proximity to the business district, medical facilities, Universities and Colleges, this property sits on a spacious 2855sqm stand, which offers ample additional space for future developments.
Totally fenced, two entrances with automated gates and a 10,000Ltr water tank connected as a backup water system. Possibility to subdivide into a pan handle.
Don't miss the chance to capitalize on this prime investment in a thriving location.
Pre-approved and Cash buyers will be given preference.
***At Simply Properties, we pride ourselves on providing personalized service to each one of our clients. Our team of experienced Property Practitioners is committed to helping you find the perfect property, whether you're looking to buy or sell. With our extensive knowledge of the local market and our dedication to customer satisfaction, we are confident that we can help you achieve your Real Estate goals. Contact us today to learn more about how we can assist you.
Rates And Taxes: 3959
Property Reference #: 474
Agent Details:
Tania Anderson
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699
Id Subtitle 1278862284
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Estimated monthly repaymentR 68,274
Total property loan amountR 6,300,000
Total interestR 10,085,651
Total repaymentR 16,385,651
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Simply Properties
Selling for 8+ months
Total Ads162
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