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R12,700,000

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Monthly Rates
R5,000 Excl. VAT

Investment Opportunity

This property is perfectly located in Polokwane CBD within walking distance to all amenities like Provincial Hospital, Schools, Taxi Rank and more. It is a perfect business opportunity for investors with great income opportunity ranging between R90 000.00 – R130 000.00 monthly, depending on occupancy.
It is a 6 unit complex with each consisting of the following:
• 3 bedrooms (upstairs)
• Balcony
• 2 bathrooms
• Open-plan Kitchen and Living room
• Single garage
• Private Garden
With that being said, it has been converted into Student Accommodation (30 bedrooms and 12 bathrooms) with Fibre Internet.
The property can comfortably be used as an Office Park, Medical Suites, Guest House, Townhouses or Student Accommodation.
Beat the rush and call me today to secure your future!

Features

0
8
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,001m²
Land Size
1,428m²
Parking Bays
Open Parking Bays
8
Extras
Balcony • Garden • Open Plan • Complex • Double Storey • Fibre • Prepaid Water • Prepaid Electricvity • Prepaid Electricity • Electric Fencing • Electric Gate • Oven & Hob

Polokwane Central, Polokwane

Polokwane Central is a notable and vibrant suburb with the busiest commercial sector in all of Polokwane. Beautiful historic buildings and museums have contributed to this area's rich history, which dates back to the 1800s. With its blend of suburban and city conveniences and plenty of eateries within easy walking distance, Polokwane Central provides a way of life you can't find anywhere else in the...
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In the news

See notable artworks at the Polokwane Art Museum
Located in Polokwane Central, the Polokwane Art Museum houses more than 1000 pieces of art, most of which are from South Africa, and most of those from the province of Limpopo in particular. Get to explore the many works of art...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

180,377.41

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