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Hands-off income opportunity in a thriving precinct near the new hospital, schools and sports facilities — 12-unit complex on 1,834 sqm with R84,600 monthly income and 24 covered bays.
Secure a premium income-producing asset with this well-located 12-unit residential complex, set on a generous 1,834 sqm erf and offering 24 under-roof parking bays.
This established property generates a solid monthly rental income of R84,600, making it an ideal addition to any serious investment portfolio.
Strategically positioned near a major hospital development, the complex benefits from high and consistent tenant demand. Its close proximity to well-known schools, academic institutions, and leading sports facilities further enhances its appeal to long-term tenants.
With easy access to surrounding developments and key amenities, the location supports both stable rental returns and long-term capital growth.
Key Highlights:
12 residential units
Erf size: 1,834 sqm
24 under-roof parking bays
Monthly rental income: R84,600
Prime location near hospital, schools, and institutions
Strong tenant demand and growth potential
A rare investment opportunity for buyers seeking reliable income, security, and future appreciation in a high-demand area.
For more information or to arrange a private viewing, please contact us today.
Listed for sale at R6,600,000
How this home compares with 22 active listings in Polokwane.
Insight
Priced 654% above the local median — and above the typical range for Polokwane.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
22 listings
Similar homes town-wide
241 days
Median time on market
Medium inventory
Active across Polokwane
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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Polokwane Central serves as the vibrant urban heart of Limpopo, offering residents a convenient lifestyle with seamless access to essential services, bustling commercial hubs, and a rich variety of cultural amenities.
* Distances and amenities are approximate.
