45 Multi-Unit Investment Property – Ideal for Long-Term Rentals - Borehole
This well-maintained multi-unit property offers a prime opportunity for investors seeking steady, long-term rental income. Situated in close proximity to Polokwane and adjacent to major road, the estate comprises of 45 units, situated in a gated estate with electric access gate and electric fencing, ensuring safety to all tenants.
The units feature a mix of 19 bachelor units, 11 one bedroom units, 12 two bedroom units and 3 three bedroom units. Catering to a diverse tenant base. Interiors are updated with tiled floors while common areas are clean and professionally managed. On-site parking and lots of communal outdoor space enhance tenant appeal.
With a history of low vacancy rates and consistent cash flow, this property is ideal for investors looking to expand their portfolio or enter the rental market. Zoning and layout may also allow for further development or future value-add upgrades.
Whether you’re a seasoned investor or a first-time landlord, this property offers both stability and growth potential in a strong rental market.
Price is excluding VAT.
