4 500 m² Commercial space in Palmietfontein AH

This well-developed alternative accommodation property is ideally located in Palmietfontein, directly next to the R37, ensuring high visibility, accessibility, and consistent rental demand. It presents an outstanding investment opportunity with a proven monthly rental income of approximately R120,000.

The property comprises a diverse range of residential units, all with built-in cupboards, offering comfortable living for a variety of tenants:

3 x 3-bedroom units

12 x 2-bedroom units

11 x 1-bedroom units

19 bachelor units

All with lounge, fitted kitchen and bathrooms.

In addition to the rental units, there is a Lapa house featuring:

2 bedrooms with built-in cupboards

Lounge

Fitted kitchen

Bathroom facilities

Utilities & Infrastructure:

Reliable water supply via borehole and Lepelle water connection, with 2 x 10,000L JoJo Tanks

Eskom Electricity

French drain system for waste management

Electric fencing and automated entrance gate for enhanced security

This property is fully equipped to support long-term occupancy, staff accommodation, or student housing. Its strategic location, strong infrastructure, and consistent income stream make it an ideal acquisition for serious investors looking for a secure and high-yield asset.