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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
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 28 listings in Polokwane (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 61% below the median. Floor size is 1868% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 64,788 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
28 similar listings
Medium similar-home inventory town-wide (Polokwane)
Median time on market: 155 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Calculate your moving costs to Polokwane Central with the help of our moving partners.
Polokwane Central offers a vibrant urban lifestyle with convenient access to essential services, retail hubs, and government institutions, making it a desirable location for those seeking a central and connected living experience.
* Distances and amenities are approximate.
