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Eduan Park, Eduan Park, Polokwane, Limpopo
R 1 650 000
Offered to the market for the first time in over five decades, this well-positioned property presents a rare opportunity to secure a piece of Eduan Park's history. Having remained in the same family since the 1970s, this generously proportioned home stands on a substantial stand and offers the space, solid construction, and potential that are becoming increasingly difficult to find in today's market. While the home requires renovation and modernisation, it provides the perfect canvas for buyers looking to restore a classic family residence or investors seeking a rewarding value-add project. The property's size and strategic location make it particularly attractive from a development perspective. Subject to the necessary municipal approvals, the stand may offer potential for rezoning and the development of multi-tenant residential units, making it an exciting prospect for developers and investors alike. Eduan Park remains one of Polokwane's most established and desirable suburbs, renowned for its large stands, mature trees, excellent accessibility, and close proximity to leading schools, shopping centres, medical facilities, and major transport routes. The area's continued growth and increasing demand for residential accommodation have contributed to steady property appreciation over the years. Whether you're searching for a renovation project with character, a spacious family home to transform into your dream residence, or a development opportunity with long-term upside, this property offers exceptional potential. With land becoming increasingly scarce in prime locations, investments of this nature are well-positioned to benefit from future growth and increasing property values. Opportunities like this seldom become available. Unlock the potential and secure your stake in one of Polokwane's most established neighbourhoods.
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Eduan Park, Eduan Park, Polokwane, Limpopo
Listed by
Johan Naidoo
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