R3,800,000

R3,800,000

11 Bedroom House For Sale in Capricorn
11
Bedrooms
3
Bathrooms
82 Jones
Tracy Du Bruyn
Tracy Du Bruyn
Francois Van Niekerk
Francois Van Niekerk

Prime Residential 3 Development Opportunity | Capricorn, Polokwane

Web Ref. POL-RS01401
Land size 1708.00 m²
Monthly Bond Repayment
R37,938.43
This 1700m² corner stand in Capricorn, Polokwane, is a rare find for savvy investors seeking a balance of immediate returns and long-term capital growth.

Currently configured as a multi-tenanted property, the main house has been converted into 11 rental rooms with shared facilities, generating a consistent R14,000 monthly income. This ensures an income while plans for future development are finalised.

The property is already zoned Residential 3, with approval granted for up to 9 new units. This reduces the usual delays and costs associated with rezoning and planning, giving investors a head start.
Features include:
• Square stand with two street access points – ideal for layout and subdivision.
• Main street location – ensuring high visibility and easy marketing of future units.
• Secure boundary walls, palisade fencing and gated access – protecting both current tenants and future residents.
• Residential 3 Zoning.
• 1700m² stand
• 1km away from the new Hospital Development
• 1km from the new Hilton Hotel Development

With a HUGE demand for rental accommodation and sectional title units in Polokwane, particularly in the Capricorn area this property is perfectly positioned. With the city’s growth and new hospital and Hlton Hotel nearby driving demand, this property offers excellent potential returns through either continued rental yields, development for resale, or buy-to-let opportunities.
This is a cash-flow positive development site with all the fundamentals for a profitable investment.
Call today and secure a viewing!
Monthly Rates R2,500

Features

Interior
11 Bedrooms
3 Bathrooms
2 Kitchens
1 Lounge
Exterior
1 Flatlet
Pet Friendly
Sizes
Land Size 1,708 m²
Additional Amenities
Alarm System
Backup Water
Fireplace
Entrance Hall
Borehole
Access Gate
Fence
Garden
Paveway
Listing Info
Date Listed 30-09-25
Time Listed 11:07

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer

While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa 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.