31 Bedroom House for sale in Mankweng

Prime Investment Opportunity – Student Accommodation & Retail Property for Sale in Mankweng (Paledi Mall Area) CASH BUYER ONLY This exceptional income-generating property, located in the sought-after Paledi Mall area of Mankweng, presents a rare opportunity for investors and business-minded individuals. The property is fully operational, with all accommodation units and retail shops currently occupied, ensuring immediate and consistent rental income. Property Overview: 31 Bachelor Units (each with a private shower, toilet, and kitchen) 7 Retail Shops (fully tenanted) Rental Income: Student Accommodation: Approximately R71,000 per month Retail Shops: Approximately R25,000 per month Total Monthly Income: ± R96,000 Additional Features: 2 x 3,000L JoJo water tanks (backup for water shortages) 2 Fully functional boreholes Prepaid electricity (Eskom) Solar system supporting geysers and providing backup power Parking: 25 Covered carports Additional open parking available for tenants Situated near Paledi Mall and within close proximity to University of Limpopo, this property is ideally positioned to attract both student tenants and retail customers. This is a turnkey investment with strong, stable returns and further growth potential.