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R410,000 ZAR
Bela Bela, Limpopo Province
South Africa
South Africa
7 bedrooms
2 baths
Residential For Sale, Single Family Home
Land size: 3,315 sqft ::
308 m2
Sale price per sqm: 0
Remarks:
BELA BELA, TOWNSHIP
This is a rare, versatile mixed-use opportunity perfect for an investor, developer, or owner-operator with a vision. The property features a commercial shop, a salon space, and seven rental units, all under one roof. Currently in need of Tender Loving Care (TLC), this building presents a "blank canvas" to create significant value through renovation and modern updates. The strong income-generating foundation is in place, awaiting the right buyer to maximize its potential.
This is a value-add investment. The building is structurally sound but requires comprehensive updates to meet modern standards and achieve maximum rental/commercial income.
Condition & TLC Requirements (The Opportunity)
This is a value-added investment. The building is structurally sound, but requires comprehensive updates to meet modern standards and achieve maximum rental/commercial income.
Cosmetic & Interior: All units and commercial spaces need full refurbishment. This includes:
· New flooring (LVP, tile, carpet)
· Complete interior painting
· Modern lighting fixtures
· Kitchenette and bathroom updates (vanities, fixtures, tiling)
· Possible layout optimizations for better space usage.
Systems (May Need Evaluation/Upgrade):
· Roof: Aged but serviceable; inspection recommended.
· HVAC: Individual unit systems may need servicing or replacement.
· Plumbing: Older galvanized or copper pipes; should be inspected.
· Electrical: May need panel upgrades and full rewiring to modern code.
Exterior: Could benefit from facade refresh, new signage, improved landscaping, and updated entryways.
Multiple Revenue Streams: Blend of commercial rental income (shop & salon) and residential cash flow (7 units).
· Forced Appreciation: Significant equity can be built through cost-effective renovations. Post-renovation, the property's value and rental rates can increase substantially.
This is a rare, versatile mixed-use opportunity perfect for an investor, developer, or owner-operator with a vision. The property features a commercial shop, a salon space, and seven rental units, all under one roof. Currently in need of Tender Loving Care (TLC), this building presents a "blank canvas" to create significant value through renovation and modern updates. The strong income-generating foundation is in place, awaiting the right buyer to maximize its potential.
This is a value-add investment. The building is structurally sound but requires comprehensive updates to meet modern standards and achieve maximum rental/commercial income.
Condition & TLC Requirements (The Opportunity)
This is a value-added investment. The building is structurally sound, but requires comprehensive updates to meet modern standards and achieve maximum rental/commercial income.
Cosmetic & Interior: All units and commercial spaces need full refurbishment. This includes:
· New flooring (LVP, tile, carpet)
· Complete interior painting
· Modern lighting fixtures
· Kitchenette and bathroom updates (vanities, fixtures, tiling)
· Possible layout optimizations for better space usage.
Systems (May Need Evaluation/Upgrade):
· Roof: Aged but serviceable; inspection recommended.
· HVAC: Individual unit systems may need servicing or replacement.
· Plumbing: Older galvanized or copper pipes; should be inspected.
· Electrical: May need panel upgrades and full rewiring to modern code.
Exterior: Could benefit from facade refresh, new signage, improved landscaping, and updated entryways.
Multiple Revenue Streams: Blend of commercial rental income (shop & salon) and residential cash flow (7 units).
· Forced Appreciation: Significant equity can be built through cost-effective renovations. Post-renovation, the property's value and rental rates can increase substantially.
Features:
- Kitchen
- Kitchen
- Reference Number: BEL-CS00048
- Property Features: Balcony
- Outdoor Space Description: Balcony
Location:
Bela Bela, Limpopo Province, South Africa
Listed By Century 21 Bela Bela
The Residential For Sale, Single Family Home located in Bela Bela, Limpopo Province, South Africa is currently for sale. This property is listed for R410,000 ZAR. This property has 7 bedrooms, 2 bathrooms. If this property isn't what you're looking for, search Limpopo Real Estate to see other Homes For Sale in Bela Bela.





