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Eduan Park, Eduan Park, Polokwane, Limpopo
R 2 700 000
Prime Investment Opportunity 1,586m² Stand | Cash Buyers Only Calling all serious investors and visionary homeowners! This expansive 1,586m2 property is perfectly positioned in a prime location earmarked for exciting new development, offering exceptional potential for future growth and profitability.This is a cash transaction only, ideal for buyers looking to unlock value through renovation or redevelopment.Main House:The main residence offers generous proportions and endless potential:Large kitchen with pantry and separate scullerySpacious open-plan living and dining area previously used as an income-generating flat-let with its own separate entrance and space for a bathroomFormal lounge and dining room overlooking the garden3 bedroomsSpacious master suite with ample storage, walk-in closet, and full en-suite bathroom in need of renovationSeparate laundry roomPlease note: The property requires substantial renovation. There is water damage affecting ceilings, rusted door frames, missing doors, worn carpets, and general upgrades needed throughout.Second House Income-Generating PotentialA valuable addition to the property, the second dwelling features:Massive open-plan living and dining areaSpacious kitchen3 well-sized bedrooms with built-in cupboardsCurrently tenanted, offering immediate rental income potentialAdditional Features:Staff quarters 1 bedroom and bathroomDouble garageTwo carports parking for approximately 5 vehiclesBoreholeSwimming poolLarge garden ready for transformationThis property is a rare opportunity to secure a substantial stand in a high-growth area. Whether you choose to renovate, redevelop, or invest for rental income, the potential returns are significant for the right buyer.Bring your vision and turn this diamond in the rough into a remarkable investment. Show more Show less
Estimated monthly repayment
R 25 497
on a R 2 430 000 bond over 20 years at 11.25%
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Eduan Park, Eduan Park, Polokwane, Limpopo
Listed by
Nomvula Mokoena
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