Farm For Sale in Polokwane

Property description

This unique 2.1-hectare smallholding in the sought-after Baskoppies area offers an incredible investment opportunity with multiple income streams. The property features four fully tenanted flats, a caretaker's flatlet, and ample parking facilities.

Property Highlights:
4 Flats: All currently tenanted, generating steady rental income.
Caretaker's Flatlet: Separate living space for on-site management.
Parking: Double garage and 4 carports.
Utilities: Each flat has its own pre-paid electricity and water meters. The property is serviced by 3-phase Eskom electricity and includes basic fees for Polokwane Municipal and Dalmada Water Board.
Agricultural Potential: Classified as agricultural land, this property offers the potential for small-scale farming, adding another layer of investment value.

Rental income: R16500 per month

Flatlet details:

Flat 1 - Three Bedrooms:
• Tenanted until 30 April 2025, with potential extension
• 1.5 Bathrooms
• Open-plan kitchen, lounge with built-in cupboards and washing machine space
• Enclosed courtyard and private garden
• Carport

Flat 2 - Bachelor:
• Tenanted until 31 March 2025, with potential extension
• Open-plan bedroom/lounge/kitchen with built-in cupboards
• Bathroom with wardrobe
• Private courtyard
• Carport

Flat 3 - One Bedroom:
• Tenanted until 30 September 2024, with potential extension
• Bedroom with built-in cupboards
• Bathroom
• Open-plan kitchen and lounge with built-in cupboards
• Enclosed courtyard and private garden
• Carport

Flat 4 - Two Bedrooms:
• Tenanted until 31 July 2024, with potential extension
• 1.5 Bathrooms
• Open-plan kitchen and lounge with built-in cupboards
• Enclosed courtyard and private garden
• Carport

Investment Summary: This property is a prime investment with consistent rental income from the fully occupied flats. Its proximity to major amenities and the agricultural potential makes it a versatile asset for discerning buyers.

Don't miss out on this exceptional investment opportunity in Baskoppies, Polokwane!
For more details or to schedule a viewing, please contact us.