R10,500,000

R10,500,000

1,617m² Building For Sale in Polokwane Industria
Francois Van Niekerk

Prime Investment Opportunity in Industria Polokwane

Web Ref. POL-CS00090
Land size 3569.00 m²
Floor size 1617.00 m²
Monthly Bond Repayment
R101,982.44
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.
Monthly Rates R18,000

Features

Zoning
Industrial
Interior
16 Bathrooms
Sizes
Land Size 3,569 m²
Floor Size 1,617 m²
Additional Amenities
Access Gate
Paveway
Listing Info
Date Listed 18-06-24
Time Listed 11:09

Finance

Calculators:
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