Polokwane, Limpopo , South Africa
The Commercial for Sale located at Polokwane Limpopo South Africa with 16 bathrooms is currently for Sale, Polokwane Limpopo South Africa is listed for $557,051. If the property located at Polokwane Limpopo South Africa isn't what you're looking for, search South Africa Real Estate to see other Commercial for Sale in Polokwane .
MLS#: 290412
$557,051 USD
ZAR10,500,000
- Total rooms
- 16
- Minimum sellable space
- 1,617m²
Property features
Area
- Property size
- 1,617m²
- Land/Lot size
- 3,569m²
- Bathrooms
- 16
- Total rooms
- 16
Description
Discover an exceptional investment opportunity in Industria Polokwane. This commercial property is strategically located on a unique corner stand that span between two roads, offering unparalleled access and visibility from two prominent corners. Occupied with tenants, this property promises immediate rental income and strong future returns.
Property Features:
• Total Land Area: 3569m²
• Total Floor Area: 1617m²
• Warehouse: 318m²
• Shop and Offices: Various sizes = 1299
Unit sizes:
• Unit 1: 60m²
• Units 2-4: 125m²
• Units 5-6: 58m²
• Unit 7: 58m²
• Unit 8: 68m²
• Unit 9: 71m²
• Unit 10: 68m²
• Unit 11: 167m²
• Unit 12: 122m²
• Unit 13: 124m²
• Unit 14: 97m²
• Units 15-16: 130m²
• Units 17-20: 80m²
• Unit 21: 32m²
• Unit 22: 22m²
• Unit 23: 27m²
Lease Information:
The property boasts long-term tenants, ensuring steady cash flow and reduced vacancy risk.
Financial Highlights:
• Rental Income (Fully Tenanted): R118,565.63 per month
• Return on Investment: 11.72% (as per seller's information)
• Purchase Price: Excludes VAT
Additional Amenities:
• Parking: Ample parking available at the front for customers and clients, with secure, locked parking at the back for tenants.
• Facilities: Each unit is uniquely laid out to suit tenant needs, featuring individual toilet facilities conveniently located at the back.
Investment Highlights:
• Location: Prime corner stand in Industria Polokwane, offering high visibility and easy access from two main roads.
• Occupancy: High occupancy rate with a mix of short and long-term leases.
• Income Stability: Diverse tenant mix and staggered lease expirations ensure consistent rental income.
• Flexibility: Various unit sizes catering to different business needs, from small offices to larger industrial spaces.
This property is a sound investment with the potential for significant appreciation and income growth.
Contact me today to schedule a viewing and secure your stake in this thriving industrial hub.
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