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Mankweng, Mankweng, Polokwane, Limpopo
R 1 500 000
Exceptional Investment Opportunity!. 9-Room Income-Generating Property for Sale in Mankweng Unit A. A rare investment opportunity has become available in the highly sought-after suburb of Mankweng Unit A, where demand for rental accommodation continues to grow. Held under Title Deed, this income-generating property qualifies for bank financing, making it an attractive investment for buyers looking to build or expand their property portfolio. The property comprises nine fully tenanted rental rooms, ensuring an immediate rental income from the date of transfer. The main house offers three bedrooms that share a spacious lounge, kitchen and bathroom, while six additional outside rooms are serviced by two shared external toilets. The property's current occupancy provides a stable income stream with excellent potential for future growth. Astute investors will appreciate the opportunity to further increase returns by upgrading the existing accommodation, reviewing current rental rates, or expanding the property to meet the ever-increasing demand for quality rental accommodation in the area. With rental demand remaining consistently high, this property offers outstanding long-term investment potential. Ideally located, the property is within close proximity to the University of Limpopo, government offices, schools, shopping facilities and other essential amenities. It also enjoys convenient access to the R71 and University Road, making it a desirable location for tenants. Investment properties in this prime location rarely become available. Whether you are an experienced property investor or looking to acquire your first income-generating asset, this is an opportunity not to be missed. Contact M & A Real Estate today to arrange your private viewing and secure this outstanding investment opportunity.
Estimated monthly repayment
R 14 165
on a R 1 350 000 bond over 20 years at 11.25%
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Mankweng, Mankweng, Polokwane, Limpopo
Listed by
Dylan Swanepoel
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