R1,895,000
$103,658
£80,145
€96,120

3 bedroom house for sale in Penina Park

1 Chune
3 Beds
2 Baths
1,197m²
Pets Allowed
House For Sale In Penina Park

EXCLUSIVE SOLE MANDATE

INVESTMENT PROPERTY WITH MONTHLY INCOME.

In one of the oldest neighborhoods of Polokwane, this property is available to turn into a beautiful family home or with a vision to turn it into something else, once the correct zoning has been done.

Investors, are you looking for something to renovate and sell again or rent out and receive monthly income, then this opportunity is for you.

This property offers currently 10 bachelor's rooms of which 8 has en-suite bathrooms. The monthly income is plus minus R20 000 per month.

This property is situated on a huge corner stand, walking distance from Sterkloop Centre and all important amenities around it like Filling Stations, Restaurants, Churches and easy access to highways around Polokwane as well as walking distance from Polokwane Central area.

This stand also offers lots of space for further development. Already a builded fence around the property with lots of parking space available in and around the property.

Expand on the existing house and turn it into something totally different, get an architect on board and build a good investment or leave it like it is now with montly income.

Bring your care and vision to this property.

I am waiting for your call to discuss more about this property and take you for a private tour to discover the opportunities this property is offering.

Property Type
House
Bedrooms
3
Bathrooms
2
Stand Size
1,197m²
Living Area
2
Rates & Taxes
R1,500
Pets Allowed
Yes
Single Storey
Yes
Reference
ENT0294334
Address
1 Chune
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R21,059
Home loan repayment
R19,559
Rates and taxes
R1,500
Utilities
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R0
Property history
Listed for sale at R1,930,000
27 Feb 2025
Price reduced by 1.8% to R1,895,000
12 Mar 2025
Get to know Polokwane
Polokwane, formerly known as Pietersburg, is situated in the Limpopo province. It is only a three-hour drive from Johannesburg and it serves as a starting point for many travelers to some of South Africa’s most well-known tourist attractions.
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