Mankweng, Polokwane, Limpopo ID 1234068
Apartment/Flat
4.0
40
An exceptional 40 bedroom property investment opportunity conveniently located opposite Gate 1 of University of Limpopo in Mankweng has just been released for sale. The property is currently fully occupied generating an income of approximately R60 000 a month. Situated on a spacious 1,600 sqm stand with each unit measuring 3x3m and furnished with a bed, chair, and table. The property is fully equipped with prepaid electricity and water, an on-site electric transformer for power stability, and a JoJo tank for water backup. Tenants also enjoy free Wi-Fi, enhancing the appeal of long-term stays. Security is reinforced by a boundary wall and a secure entrance gate. In addition to student accommodation, the property includes a rented-out tuck shop and a car wash, providing extra monthly income streams. Located near key amenities such as Mankweng Hospital, the police station, Mankweng Complex, and the university itself, this property is in a high-demand area with room for expansion and cellent development potential. This is a rare opportunity for investors or developers to step into a thriving rental market. Contact us today to arrange a viewing and make your next smart investment move.
M&A Real Estate
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