R10,600,000

R10,600,000

1m² Apartment Block For Sale in Polokwane Central
Covered
Francois Van Niekerk
Francois Van Niekerk
Pieter Nel
Pieter Nel

High-Yield Student Accommodation Investment

Web Ref. POL-CS00029
Land size 1428.00 m²
Floor size 1.00 m²
Monthly Bond Repayment
R98,949.02
An unbeatable investment opportunity in the thriving student accommodation market! This fully tenanted property is generating R107,000 per month, backed by a secure lease agreement with annual escalation. With student demand at an all-time high, this is a rare chance to own a turnkey investment offering strong returns and minimal upkeep.
Key Investment Highlights:
• 18 Fully Leased Units
• 17 x 2-Bedroom Apartments
• 1 x 3-Bedroom Apartment
• Single Tenant Management – Oversees all maintenance
• Prepaid Utilities – Water & Electricity
• Elevator-Equipped 3-Storey Building
• Private Balconies/Stoeps for Each Unit
• Fully Equipped Kitchens with Electric Stoves
• Modern Bathrooms & Electric Geysers

Premium Features & Security:
• 3 Secure Access Gates
• Electric Fencing
• Advanced Alarm System
• CCTV Surveillance
• 24/7 Security Post
• Fire Extinguishers
• High-Speed Wi-Fi with Boosters
• Dedicated Reception/Office Area
• On-Site Laundry with Washing Machines
• Ample Paved Parking
• 2700L JoJo Tank for Water Storage

This property is purpose-built for student living, offering a low-maintenance, high-return investment. Whether you’re expanding your portfolio or entering the student housing market, this opportunity combines security, steady growth, and long-term income in one package.

Don't miss this exceptional opportunity!

Contact your Property Professional now to arrange a private viewing and secure your stake in one of the most lucrative sectors of real estate.
Monthly Rates R6,000

Features

Zoning
Commercial
Interior
18 Kitchens
18 Bathrooms
Sizes
Land Size 1,428 m²
Floor Size 1 m²
Parking Bays
5 Covered Parkings
Additional Amenities
Alarm System
Closed Circuit TV
Satellite Dish
Balcony
Reception
Access Gate
Electric Fencing
Paveway
Security Post
Listing Info
Date Listed 03-02-23
Time Listed 08:41

Finance

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Disclaimer

While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.