Web Ref LPR601
R10,935,000
Monthly Bond Repayment R107,342.70
Calculated over 20 years at 10.25% with no deposit.
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Investment Opportunity – Fully Equipped Conference Centre / Lodge or Student Accommodation
Positioned in a highly accessible area near Polokwane, this property offers exceptional infrastructure and strong potential for redevelopment into a hospitality, accommodation, or multi-use investment.
Please note: The property requires refurbishment and finishing.
Location:
- ±5.7 km from breweries
- ±2 km from Soetdorings Road turn-off
Stand Size: 8.6 Hectares
Paved Area: ±1 Hectare
Main Facilities:
- Auditorium: ±800 seating capacity
- Dining Hall: ±180 sqm
- Entertainment Bar: ±200 sqm
- Commercial Kitchen: ±160 sqm
- Offices: ±140 sqm
- Outdoor Lapas: 3
Accommodation:
- Existing Units: 48 student units (accredited)
- Expansion:
- 28 units built to roof height
- Capacity for additional ±56 students
Additional Features:
- Succulent nursery (operational wholesale)
Security:
- 400m perimeter wall
- Electric fencing
- CCTV system
Connectivity:
- WiFi coverage: ±4 hectares
This property offers multiple existing structures and strong development potential for a high-income generating investment.
Please note: The property requires refurbishment and finishing.
Location:
- ±5.7 km from breweries
- ±2 km from Soetdorings Road turn-off
Stand Size: 8.6 Hectares
Paved Area: ±1 Hectare
Main Facilities:
- Auditorium: ±800 seating capacity
- Dining Hall: ±180 sqm
- Entertainment Bar: ±200 sqm
- Commercial Kitchen: ±160 sqm
- Offices: ±140 sqm
- Outdoor Lapas: 3
Accommodation:
- Existing Units: 48 student units (accredited)
- Expansion:
- 28 units built to roof height
- Capacity for additional ±56 students
Additional Features:
- Succulent nursery (operational wholesale)
Security:
- 400m perimeter wall
- Electric fencing
- CCTV system
Connectivity:
- WiFi coverage: ±4 hectares
This property offers multiple existing structures and strong development potential for a high-income generating investment.
Features
Pets Allowed
No
Interior
Bedrooms
27
Kitchen
2
Reception Rooms
4
Study
2
Furnished
No
Exterior
Security
No
Pool
Yes
Sizes
Land Size
8.50Ha
