House for sale
High-yield rental opportunity in family-friendly Polokwane near Savannah Mall and Netcare Phološo Hospital, featuring a separate two-bedroom flatlet, multiple communal lounges, and tandem double 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
How does this home’s price compare with similar properties?
Price comparison based on 12 similar-sized 4–6 bed homes (wider size range).
Insight
Priced 23% below the local median - and below the typical range across Polokwane.
Compared with 12 similar homes (13 listings) across Polokwane.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Flora Park is a well-established, family-oriented residential suburb in Polokwane known for its quiet streets, proximity to essential amenities, and convenient access to the city center.
