Prime guesthouse investment opportunity in polokwane

PERFECTLY POSITIONED PROPERTY WITH CONSISTENT RENTAL INCOME AND EXPANSIVE POTENTIAL

Located in the heart of Polokwane's most desirable suburb, this property offers everything you need to start your own guesthouse or continue with the current tenants, ensuring a consistent and profitable monthly rental income. With its prime location near essential amenities, generous land and floor size, and all-inclusive sale, this is an opportunity you don’t want to miss. The property is designed with guesthouse functionality in mind and offers incredible expansion potential for additional rooms or even a conference venue. With tenants currently occupying the rooms, you are guaranteed a steady rental income, with the potential for even higher returns.

Key Features:

• Land Area: 1566 m2
• Floor Size: 852 m2
• Current Monthly Rental Income: R40,000 – R52,000 (with room for potential increase)
• Fully Furnished: Selling "Lock, Stock, and Barrel"
• Main Building:

o12 spacious bedrooms, each with an en-suite bathroom and kitchenette

oExpansive open-plan lounge, kitchen, and dining areas

oScullery and laundry area

oEntertainment area and swimming pool for tenant use

o3 lock-up garages and 11 covered carports

• Second House:

oStylish, rustic design with 2 bedrooms and 2 en-suite bathrooms

o2 living areas, offering a unique charm and comfort

• Additional Features:

o2 x 10,000-liter Jojo tanks with pressure pumps for water supply

oIrrigation system for easy maintenance of the grounds

oStore room that could easily be converted into an extra room

oMotorized garage doors and access gates for added security

oPre-paid electricity system in place, with provisions to install meters in each room

oRates and taxes: R1,000 per month

oNormal residential zoning with approved building plans for further development or expansion

This property is an exceptional investment opportunity, offering consistent income with the added potential for future growth. Whether you choose to continue with the current tenants or expand to accommodate more guests, this property is primed to deliver.

Don’t wait too long – opportunities like this don’t come around often. Call today to schedule your personal viewing!

VAT included