Tap into Polokwane's rental market with adaptable shared‑living spaces, a private flatlet and fenced yard near Savannah Mall and schools — five bedrooms, four bathrooms, tandem garage.
This spacious 3-bedroom, 2-bathroom home with a separate 2-bedroom flatlet is a golden opportunity for savvy investors targeting the booming young adult rental market in Polokwane. With multiple lounges, a dining area, and communal spaces ideal for shared living, this property is perfectly positioned to be converted into a high-yield room rental setup. The flatlet’s en-suite bedrooms and shared kitchenette offer privacy and convenience, while the main house provides ample space for additional tenants. Secure parking includes a tandem double garage and a covered carport, all within a fully fenced yard.
Situated in a family-friendly neighbourhood near top amenities like Savannah Mall, Netcare Phološo Hospital, Spar, and local schools, this 600 sqm property is a prime location for long-term rental demand. While it needs some TLC, the solid structure and layout make it a perfect canvas for value-adding renovations. With the right upgrades, this property can easily be transformed into a multi-unit rental haven, generating consistent monthly income. Don’t miss out—capitalize on this opportunity to grow your portfolio in one of Polokwane’s most sought-after suburbs!
Listed for sale at R2,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 88 listings in Polokwane (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 10% above the median. Floor size is 44% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 21,596 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
88 similar listings
High similar-home inventory town-wide (Polokwane)
Median time on market: 182 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
Flora Park is a well-established and desirable residential area in Polokwane, offering a blend of suburban tranquility and convenient access to essential amenities, making it ideal for families and professionals alike.
* Distances and amenities are approximate.