Palmietfontein, Polokwane, Limpopo ID 1289620
Investment
8m2
An exceptional opportunity to secure a well-positioned 8.56-hectare property with strong existing rental income and future development possibilities. Whether you're looking for a long-term residential rental portfolio, staff housing, or a site for phased expansion, this property delivers. Vat is applicable on the sale of the property. Property Breakdown – 45 Rental Units Generating Steady Income: 19 Bachelor Units – Open-plan layout with built-in cupboards, kitchenette, and private bathrooms 12 Two-Bedroom Units – Includes lounge, kitchen, and bathroom 11 One-Bedroom Units – Self-contained and tenant-ready 3 Three-Bedroom Units – Ideal for on-site management or additional rental income Infrastructure & Services: Secure perimeter wall with controlled gate access Strong borehole plus backup water system (2 × 10,000L tanks with pressure pump) French drain system for wastewater Ample parking and open green areas Zoning Status: The property is currently zoned Agricultural, with future zoning (as stipulated) to be implemented once specific conditions are met. Proposed use includes: Zone 3: Overnight Accommodation Zone 4: Filling Station Zone 5: Public Open Space Why Invest: 8.56ha of usable, accessible land Strong monthly rental income from 45 units Infrastructure in place for further development Strategic zoning allowances (subject to conditions) Ideal for developers, investors, or corporates needing staff housing This property offers both immediate income and future development flexibility in a high-demand area. Financials and rental schedules available on request.
BOLD Real Estate
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