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Enjoy smart family living and rental income in sought-after Old Ivy Park — dual dwellings on a 1,000m² stand with expansive yard for development; includes 4 beds, 3 baths.
Live Smart. Earn Monthly. Develop for the Future.
Exclusive Sole Mandate proudly presenting this exceptional income-generating property situated on a generous 1,000m2 stand in the sought-after suburb of Old Ivy Park.
Offering the perfect balance between comfortable family living and strong investment potential, this versatile property is divided into two separate dwellings, ideal for extended families, rental income, or future development opportunities.
Main House Features:
Private Flatlet Features:
Currently generating a rental income of R14,800 per month
One of the standout features of this property is the exceptionally spacious yard, offering ample room for future development, additional dwellings, or further expansion , making this an outstanding long-term investment opportunity.
- Spacious 1,000m2 Stand
- Excellent Development Potential
- Dual-Living Convenience
- Income-Generating Property
- Exclusive Sole Mandate
- Prime location.
- Strong investment appeal.
- Endless possibilities.
Contact us today to arrange your private viewing of this remarkable property.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,680,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 76 listings in Polokwane (town)
Insight
Priced slightly below the median for similar properties. On a price-per-m² basis, it is 42% above the median. Floor size is 41% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
76 similar listings
High similar-home inventory town-wide (Polokwane)
Median time on market: 220 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
Ivy Park is a well-established, family-oriented residential suburb in Polokwane that offers convenient access to essential urban amenities while maintaining a quiet and accessible suburban atmosphere.
* Distances and amenities are approximate.
