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Ivy Park, Ivy Park, Polokwane, Limpopo
R 2 040 000
Income Generating Property For Sale Located in a well-known suburb popular for student accommodation, this exceptional property offers an outstanding investment opportunity with endless potential. Perfectly positioned close to major amenities, everything you need is within walking distance making it highly attractive for students, professionals, or tenants alike.Originally designed as a spacious 4-bedroom home featuring 2 lounges, a dining area, and a double garage, the property has been cleverly converted using dry walling into a 7-bedroom setup. The dry walling can easily be removed should the new owner wish to restore the home to its original layout.The current owner successfully operates the property as student accommodation while also utilizing part of the home as a private office, showcasing the versatility and income-generating potential this property has to offer. With a massive stand, there is ample space for future extensions or further development, creating even more opportunities for increased rental income.Security and convenience are well taken care of with features including an electric fence, CCTV system, borehole, and inverter backup power system.Whether you are looking to expand your property portfolio, create a thriving student residence, or develop a high-income investment property, this is a rare opportunity waiting for the right buyer. The possibilities are truly endless. Show more Show less
Estimated monthly repayment
R 19 264
on a R 1 836 000 bond over 20 years at 11.25%
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Ivy Park, Ivy Park, Polokwane, Limpopo
Area view — the exact address is shared on enquiry.
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