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Create sought-after Annandale living close to Polokwane conveniences — a blank 952m² canvas with Residential 3 zoning offering high-density potential, borehole onsite; cash buyers only.
PRIME INVESTMENT PROPERTY – Zoned with Serious Potential (Cash Buyers Only)
Positioned in Annandale, Polokwane, this 952m2 property presents a high-upside opportunity for developers and seasoned investors. The site is a true blank canvas—ideal for development in line with existing zoning rights or a full restoration of the current structure.
What’s on offer:
Existing structure: A 3-bedroom, 2-bathroom shell with lounge, dining, and kitchen areas
Condition: Requires a complete renovation; property has been stripped (kitchen units removed) and fittings/services removed
Utilities: No current water or electricity connections
Water: Borehole drilled (pump required)
Zoning: Residential 3 – rights indicate 1-bedroom / ±64 dwelling units per hectare
Sale type: Voetstoots (as is)
Important: Due to the property being not liveable in its current condition, this is a strictly CASH SALE (banks will not approve a bond on the current state).
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,478,000
Price increased by 1.5% to R1,500,000
Price reduced by 3.3% to R1,450,000
Price reduced by 10.3% to R1,300,000
Price reduced by 38.5% to R800,000
Annadale offers a peaceful residential environment with convenient access to essential amenities and the broader Polokwane area, appealing to families and individuals seeking a balanced lifestyle.
* Distances and amenities are approximate.
