1873 m² Commercial space in Nirvana

R 8 600 000

Jp Lopes

RE/MAX-Northland Realty Polokwane

1873 m² Commercial space in Nirvana

R 8 600 000

Can I afford this?
2 Baths
Floor Area 1873 m²
Land Area 3569 m²
Rates R 5065

Great investment opportunity now on the market with a fantastic return on investment of 9.69% with a 5% escalation on rental income per annum. This is not taking an average of 8% capital growth on your investment into consideration which, if included, makes this opportunity even more attractive.

An Industrial Building with a GLA (Gross Lettable Area) of 1873sqm on a total stand size of 3569sqm. The tenants have a 10 year lease in place of which there are 9 years remaining.

This really is a fantastic investment and an ROI (Return on Investment) like this is rarely found in the market. What is even better is that there will be no transfer costs involved as the potential buyer will just be buying over the registered company , therefore transfer costs do not apply.

Dont think twice about this rare opportunity because if you do, it will be gone!!! Call me NOW for viewing arrangements and to submit an offer.

If this property does not suit your needs or taste, please give me JP Lopes from RE/MAX Polokwane a call so that we can discuss and find your dream home or next investment for you!!! Please also click on the RE/MAX logo to your right to see all properties available by RE/MAX.

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Key Property Features

2
Bathrooms

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1873 m² Commercial space in Nirvana

R 8 600 000

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