Polokwane, Limpopo , South Africa
The Condominium/Co-Op for Sale located at Polokwane Limpopo South Africa with 36 bedrooms, 12 bathrooms is currently for Sale, Polokwane Limpopo South Africa is listed for $694,559. If the property located at Polokwane Limpopo South Africa isn't what you're looking for, search South Africa Real Estate to see other Homes for Sale in Polokwane .
MLS#: 1615455
$694,559 USD
ZAR12,699,999
- Type
- Apartment
- Bedrooms
- 36
- Bathrooms
- 12
Property features
Area
- Land/Lot size
- 1,428m²
- Bedrooms
- 36
- Bathrooms
- 12
- Total rooms
- 48
Description
Situated on a substantial 1428m² property in the heart of Polokwane central, this purpose-built student accommodation complex offers a lucrative investment opportunity. Boasting zoning for residential 3, this property caters to the growing demand for student housing in the area.
Designed to accommodate 42 students, this complex provides affordable and centrally located accommodation near educational institutions as well as public transport and shops.
With a potential monthly income of R114,000, this investment promises impressive returns. Students pay separately for their water and electricity expenses, contributing to a hassle-free and financially sustainable setup.
Positioned in Polokwane central, the complex offers convenient access to educational facilities, making it an appealing choice for students. Its central location ensures proximity to amenities, public transport, and various conveniences.
The property's residential 3 zoning optimizes its potential for student housing, aligning with the growing demand for such accommodations. This zoning allows for the efficient operation of a student housing complex within local regulatory guidelines.
This student accommodation complex on a sizable 1428m² property in Polokwane central presents an outstanding investment opportunity. With its capacity to house 42 students, potential monthly income of R114,000, and zoning for residential 3, this property stands as a lucrative venture in the thriving student accommodation market. Don't miss the chance to capitalize on this purpose-built complex and secure a sound investment in the bustling heart of Polokwane!
Contact me today for a viewing.
Location
v1.3.0