House for sale
Turnkey investment lifestyle in prime Moregloed near Cycad and Platinum Park — seven income-producing units on 1,586m² with borehole water supply.
SOLE MANDATE
Seven Units. Multiple Income Streams. Exceptional Investment Potential.
Team Black Diamond proudly presents this income-generating apartment investment, ideally situated in the sought-after Moregloed area, a stone’s throw from Cycad and Platinum Park.
Strategically located in a desirable residential area, this property presents an excellent opportunity for investors seeking established rental income, multiple income streams and room for future expansion.
THE PROPERTY COMPRISES 7 UNITS
5 x Two-Bedroom Apartments: Each offering 2 bedrooms, 2 bathrooms, and an open-plan lounge and kitchen.
2 x One-Bedroom Apartments: Each offering 1 bedroom, 1 bathroom, and an open-plan lounge and kitchen.
MONTHLY INCOME: R25,500
ADDITIONAL FEATURES
Borehole water supply.
Seven residential units generating multiple income streams.
Ample space for potential future expansion, subject to the necessary approvals.
Prime Moregloed location.
Convenient proximity to Cycad and Platinum Park.
A PRIME LOCATION. AN ESTABLISHED INCOME STREAM. ROOM TO EXPAND.
Whether you are an established property investor or looking to expand your rental portfolio, this is an opportunity to acquire an income-generating property with exciting long-term potential.
Contact Team Black Diamond today to arrange a viewing.
Listed for sale at R3,500,000
Wide price range across Polokwane
Prices vary widely across Polokwane, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Polokwane (R955k–R3.8M).
Market depth
282 similar homes
304 listings across Polokwane
183 days
Median time on market
Many similar homes
Active across Polokwane
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Moregloed is a tranquil residential neighborhood in Polokwane that offers families and home seekers a peaceful suburban lifestyle with convenient access to urban amenities.
