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MyProperty Africa
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MyProperty Africa
MyProperty Africa
R 3,950,000
South AfricaLimpopo›Polokwane›Mankweng›POL-CS00152
Exterior view of a multi-level face brick commercial lodge building featuring an external metal staircase, upper balcony, and a paved parking area.
Exterior view of a multi-story lodge building featuring face brick construction, tiled roofing, solar water heaters, and a paved courtyard area.
A compact, empty kitchen area featuring tiled flooring, built-in cabinetry, and a tiled backsplash, with direct access to the exterior.
Exterior view of a multi-level face brick commercial lodge building featuring an external metal staircase, upper balcony, and a paved parking area.
Exterior view of a multi-story lodge building featuring face brick construction, tiled roofing, solar water heaters, and a paved courtyard area.
A compact, empty kitchen area featuring tiled flooring, built-in cabinetry, and a tiled backsplash, with direct access to the exterior.
An empty bedroom featuring tiled flooring, built-in storage, and an attached en-suite area with a pedestal basin and wall-mounted cabinetry.
Exterior view of the lodge courtyard featuring brick buildings, paved driveway, external staircases, and solar water heating systems.
View Area Map

Lodge for sale

Mankweng, Polokwane
31 Beds
31 Baths
670m² Floor
2000m² Land

Prime income-generating investment | mankweng | cash only

Enjoy unbeatable convenience near Paledi Mall in vibrant Mankweng; turnkey, fully tenanted property with 31 bachelor units and seven offices delivering immediate high cash flow.

Presenting a rare and exceptional investment opportunity in the heart of Mankweng, a fully tenanted, high-yielding commercial and residential income property strategically located on the same street as the well-known Paledi Mall, just less than 1km from this major retail hub.

This property is a turnkey investment with an outstanding track record of rental income, making it ideal for the serious cash buyer looking for immediate returns.

Property Highlights:

· 31 bachelor units, all fully tenanted

· 7 commercial office spaces, all fully tenanted

· Gross Monthly Income: R93,200

· Monthly Expenses: R16,000

· Net Monthly Income: R77,200

· Net Annual Income: R926,400

At a net monthly income of R77,200, the investor recoups the full purchase price of R3,950,000 in approximately 4 years and 3 months, an extraordinarily fast payback period by any real estate standard. After this period, the property generates pure profit, building lasting generational wealth.

To put this in perspective, the average buy-to-let property in South Africa typically takes 12 to 20 years to pay itself off. This investment does it in a fraction of that time.

Why This Investment Makes Sense:

With a gross yield of approximately 28.4% and a net yield of around 23.5% at the asking price, this property significantly outperforms typical market returns. The mixed-use nature of the property, combining residential bachelor units with commercial offices, provides income diversification and stability.

The prime location near Paledi Mall ensures consistent demand from both tenants seeking affordable accommodation close to amenities, and businesses looking for accessible office space in a high-footfall area.

Mankweng is a thriving, densely populated township in Limpopo with strong rental demand. Proximity to Paledi Mall, one of the area’s premier shopping destinations, means unmatched convenience for tenants and sustained occupancy for the investor.

CASH OFFERS ONLY; No bond finance will be considered.

Serious buyers are encouraged to act swiftly. Opportunities of this calibre, with full occupancy and immediate income, rarely come to market.

Contact me today to arrange a viewing.

Ownership costs

Home Loan Repayment
R 36,091
TotalR 36,091
Could you qualify for a lower home loan rate?

Property history

Listed for sale at R3,950,000

23 Mar 2026
Find similar nearby propertiesSame style and feel, in this price range
Angelinah Pitsi

Presented by

Angelinah Pitsi

Property Practitioner

Century 21 - Polokwane

Century 21 - Polokwane

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Useful links+-
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Nearby hospitality

  • Hospitality for sale in Polokwane Central

Useful links

  • Estate agents in Mankweng
  • Mankweng area guide

Area overview

Mankweng offers a vibrant retail and service-oriented commercial environment driven by its proximity to the University of Limpopo and heavy foot traffic.

Business Infrastructure

  • •
    Palo Mall Business Hub(0.5 km) · Retail/Office Hub
  • •
    Mankweng Industrial Area(2.0 km) · Light Industrial/Warehouse District

Transport & Logistics

  • •
    R71 Route(0.1 km) · Major Highway/Freeway Access
  • •
    Mankweng Taxi Rank(1.0 km) · Public Transport Hub

Workforce Amenities

  • •
    Palo Shopping Centre(0.5 km) · Retail/Services for Staff
  • •
    University of Limpopo Campus Dining(1.5 km) · Dining/Cafes

Financial Services

  • •
    Capitec Bank Mankweng(0.8 km) · Bank/Financial Services
  • •
    FNB Branch Mankweng(1.0 km) · Bank/Financial Services

Security & Emergency

  • •
    Mankweng Police Station(1.2 km) · Police/Security
  • •
    Mankweng Hospital(2.5 km) · Emergency Medical Services

Zoning & Development

  • •
    Mankweng Commercial Precinct(0.5 km) · CBD/Commercial District
  • •
    Turfloop Growth Node(1.5 km) · Growth Node/Development Zone
View Mankweng Market Insights & Stats→

* Distances and amenities are approximate.