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Penina Park, Penina Park, Polokwane, Limpopo
R 2 600 000
Secure a property designed for sustainable rental income and long-term growth. Established 10 rental apartments generating monthly income - Ideal for investors seeking passive income and capital growth. Immediate rental income from day one. Potential for further development and expansion - Additional space available to build more rental units and increase returns. Has the potential to significantly contribute towards its own bond repayments (if not bought cash). Rezoning process in an advanced stage. Strategic renovations, upgrades, or further development may substantially increase both the property's market value and its maximum monthly rental income potential.
Estimated monthly repayment
R 24 553
on a R 2 340 000 bond over 20 years at 11.25%
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Penina Park, Penina Park, Polokwane, Limpopo
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Liivra AI market value
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Listed by
Thulani Mnguni
Unclaimed listing — claim it to verify
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