Commercial Building for sale in Polokwane

Commercial Building for sale in Polokwane - 1PS1643904
  • For sale

R21,890,000
plus VAT thereon

12 parking baysErf 714 m²Water supplies: Borehole

Expenses

Rates and Taxes: 
R5,500 per month
  • Alternate Water
  • Parking
Listing #: 1PS1643904

Investment opportunity

The multiple storey building consists of the following:

Six shops on the ground floor, with a total income of +/-R55 000.00 per month.

Student accommodation flats that can accommodate 54 students on the first and second floor, with a total income of +/- R237 000.00 per month.

There are 2 two-bedroom units with a separate kitchen, living area and bathroom.

The other 10 units are one-bedroom units with a separate kitchen, living area and bathroom.

The building has a 20 000 liter tank and borehole water.

The property is fully occupied for the next 3 years with a rental escalation of 6% yearly.

Call now for your private viewing.

Listing details

Other features

    • Roof
    • Tiled roof
    • Walls
    • Face brick walls
    • Windows
    • Steel windows
    • Security
    • Burglar bars
    • Other
    • Cellular coverage

We are your local property experts in Polokwane, South Africa

Linda De Witt

Linda De Witt, your local property expert in Polokwane, South Africa
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Registered with the PPRA - Principal

Linda De Witt

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Bianca Van Der Merwe

Bianca Van Der Merwe, your local property expert in Polokwane, South Africa
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Registered with the PPRA - Full Status FFC

Bianca Van Der Merwe

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Polokwane (Pietersburg) Office

80A Compensatie Street, Polokwane, 0699, Limpopo Province
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Linda De Witt cc t/a Pam Golding Polokwane
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