Welcome to an exceptional investment # SOLE MANDATE # opportunity nestled in the heart of Polokwane Central. This impressive commercial building stands tall with its ground floor and seven stories above, boasting a total area of 3360 square meters.
Key Features:
Fully Rented Out: Enjoy the peace of mind of stable, long-term tenants who have occupied this building for the past two decades. The entire building is currently leased out, ensuring a steady income stream for investors with a rental income of R480 000.00 vat incl.
Renovated Ground Floor: A 150 square meter section on the ground floor has undergone renovation, offering versatile spaces ideal for retail or office use. Each unit comes with separate prepaid electricity meters, providing convenience and flexibility for
tenants (not rented out yet).
Parking Convenience: The building features 37 undercover parking bays, providing ample parking space for tenants and visitors alike.
Modern Amenities: Elevate tenant satisfaction with two lifts servicing each floor, kitchen areas for convenience, and bathrooms for comfort.
Security Measures: Your tenants' safety is a top priority with seven walk-in safes ensuring secure storage, along with a dedicated server room for data protection.
Water Resilience: Be prepared for any eventuality with a robust 15,000-liter backup water system, ensuring uninterrupted water supply during emergencies or maintenance.
Location Advantage:
Situated in Polokwane Central, this building enjoys excellent accessibility and visibility, making it an attractive choice for businesses. With its strategic location, tenants benefit from proximity to key amenities, transport links, and a thriving commercial hub.
Investment Opportunity:
This commercial building presents a lucrative investment opportunity with a stable rental income, the potential for increased returns from the renovated ground floor, and promising prospects for capital appreciation. Whether you're a seasoned investor or seeking to diversify your portfolio, this property offers the ideal combination of stability and growth potential.
This is a VAT transaction.
Don't miss out on this rare opportunity to own a prime piece of commercial real estate in Polokwane Central. Contact us today to schedule a viewing and secure your future in the thriving commercial landscape of Polokwane.
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