Development for sale in Bendor, Polokwane

Exclusive Residential Investment Opportunity

*This sale is subject to vat and the price is exclusive of vat*

An exceptional opportunity awaits property developers and investors seeking a large-scale residential development with the potential to generate both capital returns and recurring rental income.

This proposed residential development presents a comprehensive investment concept comprising 96 residential units, strategically structured to accommodate both property sales and long-term rental opportunities.

Proposed Development Overview

The development concept comprises a diverse selection of modern residential units, ranging from one-bedroom apartments to spacious four-bedroom family homes.

The proposed unit mix includes:

- 8 one-bedroom units – 50 m² each, designated for rental.
- 48 two-bedroom units– 75 m² to 95 m², designated for rental.
- 28 three-bedroom units – 155 m² to 195 m², designated for sale.
- 12 four-bedroom units – 215 m² each, designated for sale.

The proposal reflects a combined residential unit area of approximately 12,386 m²

Investment Potential

The proposed development offers investors two complementary income opportunities:

Residential Sales: 40 units are earmarked for individual sale, presenting an opportunity to generate capital returns as the development progresses.

Rental Portfolio: 56 units are designated for rental, offering the potential to establish a substantial income-producing residential property portfolio.

Development and Financial Planning

A property development proposal is available, outlining the proposed residential configurations, estimated development costs, construction-related expenses and projected financial performance.

The financial model provides indicative projections for development profitability and rental revenue, subject to independent feasibility assessments, market conditions, statutory approvals and final construction costs.

Enquire Today

This is an opportunity for an established developer, property investment company or qualified investor seeking to undertake a substantial residential project.

Contact us to arrange a confidential discussion and request further information about the proposed development.