R 12,000,000

R 12,000,000

Prime development opportunity in Polokwane
4
Bedrooms
2
Bathrooms
2
Garages
Active

Prime development opportunity in Polokwane

Web Ref. MPLS-11463
Land size 21.84 Hectares
Monthly Bond Repayment
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An exceptional 21.84-hectare property situated approximately 3 km from Mall of the North, in one of Polokwane’s expanding residential development areas. With its strategic location and substantial land size, this property presents an exciting opportunity for a property developer looking for a sizeable development site in a rapidly growing part of the city.

The location is the real highlight. Positioned within an area earmarked for residential growth, the property offers excellent potential for future development, subject to the necessary town-planning approvals, zoning and municipal requirements. Its proximity to Mall of the North and established amenities adds significant appeal and makes this an opportunity worth investigating for developers seeking their next Polokwane project.

Currently, the property comprises a main residence, four additional rental houses and an outbuilding, providing existing improvements and potential rental income while development plans are being considered. The property is serviced by Eskom electricity, a borehole and a water scheme.

This is an opportunity to secure a substantial parcel of land in a strategically positioned development corridor of Polokwane. The property is ideally suited to a developer with a vision for unlocking its long-term potential and capitalising on the continued residential expansion of the area.

Features

Property Type Farm
Listing Purpose Sale
Municipal Rates R 2500
Pet Friendly Yes
Occupation On Transfer
En-Suites 1
Property Tags
Smallholding Country Living Lifestyle Farm Level Road Tile Face Brick

Rooms

Reception Rooms 1
Bedrooms 4

With wardrobes

Bathrooms 2
Kitchen 1

Ample cupboards

Lounges 1

Amenities

Garage 2
Flatlet Yes

4 Rentals

Amenities

Dining Room Flatlet Garden Water Tank Borehole Built in Cupboards Burglar Bars Electric Fencing Secure Parking

Property Location

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.