Prime 1586sqm Res 3 Zoned Property in Polokwane Central

Property Details

PRICE EXCLUDES VAT: This versatile 1586sqm property, ideally situated in Polokwane Central, offers a rare and lucrative development opportunity in one of the city’s most sought-after locations. Zoned for Res 3, the property comes with approved building plans for 10 modern three-bedroom townhouses, perfectly suited to meet the high demand for newly built rental and sectional title homes in the area. Whether you are an investor, developer, or business owner, this property presents a brilliant chance to capitalize on Polokwane’s thriving real estate market. Currently, the property features a fully operational office setup, offering seven spacious offices, each equipped with air conditioning for maximum comfort. A boardroom provides an ideal space for meetings, while the welcoming reception area enhances professionalism and efficiency. This setup allows for immediate rental income or business use while planning the residential development. With approved plans for 10 three-bedroom townhouse units, this property is primed for high-yield residential development. This property would be perfect as a rental investment, this project offers excellent ROI potential in a market with high demand for quality housing and student accommodation. The modern, well-designed units will appeal to professionals, families, and investors seeking well-located, secure, and stylish homes in Polokwane. Situated in Polokwane Central, this property benefits from excellent accessibility and proximity to key amenities and would be perfect for a student accommodation or rental complex. The high demand for newly built townhouses in this area ensures a quick turnaround on rentals, making this an ideal investment for those looking to develop or expand their portfolio. Why Invest in This Property? - Zoned Res 3 – Ready for high-density residential development - Approved plans for 10 modern 3-bedroom townhouses – Saves time and streamlines development - Existing office infrastructure – Immediate rental income potential - Air-conditioned offices, boardroom & reception – Ideal for business use until development begins - Prime Polokwane Central location – Unmatched demand for housing in this area This rare investment opportunity combines immediate commercial rental potential with long-term residential development prospects. Whether you’re looking to build and sell or hold and rent, this property is a golden opportunity in Polokwane’s booming property market.