R12,600,000

R12,600,000

113m² Apartment Block For Sale in Polokwane Central
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Prime Multi-Unit Investment Property with Approved Expansion – Exceptional Return Potential

Web Ref. CL25
Land size 2864.00 m²
Floor size 113.00 m²
Monthly Bond Repayment
R112,908.76
This outstanding income-generating property offers 8 fully built 2-bedroom flats, each designed for comfortable living and strong rental appeal. In addition, approved municipal building plans are already in place for 4 additional townhouse units, making this a rare development-ready investment opportunity.

Ideal for investors looking to expand their portfolio with immediate income and future growth potential.

🏢 Existing Development – 8 x Two-Bedroom Flats

Each flat offers:

2 Bedrooms

Separate Bathroom

Separate Shower

Separate Toilet

Functional kitchen and living space

1 Garage

1 Carport parking

The layout ensures privacy and practicality, making the units highly attractive to long-term tenants. All bathrooms are fitted with standard, functional finishes, ensuring easy maintenance and durability.

Approved Expansion – 4 Additional Units

Municipal building plans have already been approved for:

• 2 x Two-Bedroom Units

2 Bedrooms

1 Bathroom

1 Separate Toilet

1 Separate Shower

• 2 x Three-Bedroom Units

3 Bedrooms

1 Bathroom

1 Separate Shower

1 Garage each

1 Carport each

This provides immediate development potential without the delays of rezoning or plan approvals.

Investment Highlights

8 Income-generating flats
Each unit with garage and carport
Practical tenant-friendly layouts
Approved municipal plans for 4 additional units
Expansion-ready development
Strong long-term rental potential

This property presents a turnkey investment with built-in expansion opportunity, allowing you to increase rental income and overall property value with minimal red tape.

A rare opportunity for serious investors seeking scalability and strong returns.

Contact me today for financial details or to arrange a private viewing.

Features

Zoning
Commercial
Sizes
Land Size 2,864 m²
Floor Size 113 m²
Listing Info
Date Listed 16-02-26

Disclaimer

While every effort will be made to ensure that the information contained within the OVO Realty website is accurate and up to date, OVO Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.