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Polokwane Ext 72, Polokwane Ext 72, Polokwane, Limpopo
R 2 500 000
24 BACHELOR ROOMS FOR YOUR LIFE TIME INVESTMENT UP FOR GRAB IN KWENA MOLOTO 1 OPPORTUNITY FOR CASH BUYERS ( MOKGOKONA VILLAGE ) Discover an unparalleled investment opportunity in KWENA MOLOTO 1 Polokwane featuring a remarkable property with 24 spacious bedrooms and 24 bathrooms. This standalone building spans an impressive 750m² of floor space, set on a generous 750m² land area, providing ample room for comfortable living or rental potential. The property is offered unfurnished, allowing new owners to customize the space to their preferences. Designed with practicality in mind, this property boasts a total of three entrance gates, ensuring easy access and enhanced security. The exterior is totally walled, providing privacy and peace of mind. Additionally, the property is equipped with a satellite dish, making it convenient for modern living. With a current monthly rental income of R42,000, generated from the 24 rooms at R1,750 each, this property presents a lucrative investment opportunity. The rates are manageable at R7,000, and electricity is on a prepaid system, offering further control over utilities. Water supply is reliable, featuring a borehole and five 5,000L JoJo tanks for backup. Parking is plentiful, accommodating multiple vehicles. The location is highly advantageous, situated just 50 meters from the nearest bus station, with various shops and spaza stores in the vicinity. Additionally, several schools are located within a convenient 600 meters, making it a prime location for families and tenants alike. This exclusive mandate property is a must-see for those looking to invest in a thriving area of Polokwane. Don`t miss this chance to own a substantial rental property with excellent income potential and strategic amenities nearby.
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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Polokwane Ext 72, Polokwane Ext 72, Polokwane, Limpopo
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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