Investment Property

Excellent location. A 2855 sqm built-up property with a piece of vacant land available for further development. The property is zoned Res 4 with guesthouse/hotel rights, (Far 2.0 floor area ratio) with possible medical zoning, subjected to approval.
Current development consists of 14 bachelor flats with a possible monthly income of R 48 000, Kitchenette, built-in cupboards, shower, basin, toilet. 14 secure parking. pre-paid electricity, CCTV cameras, Fibre connection, fully fenced, access controlled gate,
Can build 5 storeys with 5139 sqm under roof.

Polokwane is the capital city of Limpopo and is located in the Capricorn region of the province. The city was founded in the gold rush of the 1880's, and was originally named Pietersburg after a well-known General Petrus (Piet) Jacobus Joubert. In February 2002, the city was renamed Polokwane, a Northern Sotho word which means "Place of Safety."
This young city is the largest in Northern South Africa and is a bustling and vibrant metropolis. It's a beautiful city surrounded by tree-lined suburbs and fascinating townships and rural villages. With the low crime statistics, Polokwane is true to its name "Place of Safety". Its schools produce good results and medical facilities are world class.
Stemming from the detailed research conducted on the social, economic, physical and institutional context of Polokwane, this SMART CITY 2030 plan set new objectives and strategic interventions for the city which, if implemented timeously and thoroughly, could usher in a new developmental path for the coming 16 years leading up to 2030. This document therefore firstly briefly explores one or more concepts relating to growth and development, where after the main and significant findings from the research conducted are highlighted as setting the stage for this plan. Thereafter detailed cluster and sub-cluster specific proposals are made to attend to the problem statement.