R2,390,000
R2,390,000
5
Bedrooms
2
Bathrooms
6
Parkings
Monthly Rates
R1,800
Total
R1,800
INVESTMENT OPPORTUNITY
Web Ref.
RLS973129
This spacious 5-bedroom property in Welgelegen offers great potential, currently used as student accommodation, generating an impressive monthly income of R28,000. The bedrooms feature built-in cupboards for convenient storage, while the two bathrooms provide functionality for multiple occupants.
The property includes two garages and two carports at the front, ensuring ample parking space. At the back, you'll find an additional double carport alongside a large storage room, perfect for versatile usage.
Outdoor features add to its appeal, including a swimming pool and a lapa, ideal for relaxing or entertaining. While the property could benefit from some TLC, these enhancements could further increase its value and rental potential.
This property combines income generation with features that cater to both students and families, making it a promising investment opportunity.
The property includes two garages and two carports at the front, ensuring ample parking space. At the back, you'll find an additional double carport alongside a large storage room, perfect for versatile usage.
Outdoor features add to its appeal, including a swimming pool and a lapa, ideal for relaxing or entertaining. While the property could benefit from some TLC, these enhancements could further increase its value and rental potential.
This property combines income generation with features that cater to both students and families, making it a promising investment opportunity.
Features
Interior
Exterior
Sizes
Additional Amenities
Welgelegen, Polokwane
Welgelegen is one of the residential areas located in Polokwane. The name Welgelegen originates from a competition back in the 1970's where the best name for the area won. The average household in Welgelegen earns around R 60 000 - R 80 000. 54 % of the current owners have been living there for more than 11 years, which indicates stability. The streets are mostly quiet, but it is a lovely area to live in. On average the size of the stands is around 950 - 1200 sqm. There are also bigger stands in the area up to 1400 sqm. Schools and Education There is only a Pre-school in the suburb, namely The Little Lighthouse. 1 km from Welgelegen you will find Laerskool Pietersburg Oos, one of the popular Primary Schools in Polokwane. Tom...
+ Read more- Street map
- Street view
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
