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Reliable income living in sought-after Annadale—close to schools and shops, eighteen 3-bedroom duplexes with four upgraded units, prepaid meters and secure electric gate.
Secure a lucrative investment with this exceptional offering of 18 duplex 3-bedroom townhouses, each featuring 2 bathrooms. This well-maintained complex in Annadale is ideal for investors seeking reliable income and long-term value.
Property Highlights:
-Unit Details: Each townhouse includes spacious lounge and kitchen areas, plus generous loft space.
- Parking: Dedicated car parking for residents.
- Upgrades: 4 units recently upgraded, offering modern and appealing living spaces.
- Lease Information: 14 out of 18 units currently leased, generating a monthly rental income of R91,000 (R6,500 per unit). With a potential monthly income of R117 000.00 once all the units are rented out.
Investment Benefits:
- Stable Income: Enjoy a steady income stream from the existing lease agreements.
- Upgraded Units: Immediate value added with 4 recently upgraded units.
- Prepaid Utilities: Individual Prepaid electricity and water meters simplify management for both tenants and landlord.
- Enhanced Security: Controlled access with a sliding, electric fence with phone activation.
- Prime Location: Situated in a sought-after area of Annadale, close to schools, shopping centers, and other amenities.
Additional Details:
- Sectional Title: Sectional title register available for your review.
- Future Potential: Benefit from the high demand for quality rental properties in this location.
Why Invest?
This property offers a solid investment with immediate income and security, making it an attractive option for those looking to capitalize on a well-located and professionally managed residential complex.
Contact us today to explore this exciting investment opportunity further!
Listed for sale at R13,695,000
How this home compares with 96 active listings in Polokwane.
Insight
Priced 292% above the local median — and above the typical range for Polokwane.
Buyers should compare condition, position, views, finishes and floor size 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
96 listings
Similar homes town-wide
174 days
Median time on market
Many similar homes
Active across Polokwane
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Annadale is a well-established, centrally located residential suburb in Polokwane that offers affordable housing options and convenient access to the city's primary industrial and commercial hubs.
* Distances and amenities are approximate.
