R 57 000 000

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Commercial space in Polokwane Central

1416 m²

It is not common for an opportunity of this magnitude to

avail itself in the market BUT we at Remax have a great offer waiting for you.

This property is located in the busy CBD of Polokwane and is occupied by a top

end Government Parastatal. The tenants have been occupying this building for

many years with a 5 year lease currently in place. The Nett Annual Income is R7

180 000.00 Ex VAT with a 6% annual escalation on the rental amount. This gives

you a Nett R.O.I of 12.6% per annum which will get better with escalation. A

solid opportunity awaits qualifying investors.

**PHOTOS OF POLOKWANE LANDMARKS FOR ADVERTISING PURPOSES

ONLY**

**NO TIME WASTERS!! ONLY COMPETANT AND QUALIFYING BUYERS NEED

RESPOND** **SELLING PRICE IS EX

VAT**

If you do not know what you qualify for, we can assist you

with an in-house pre-qualification FREE OF CHARGE!!! If this property does not

suit your needs or taste, please give me a call to discuss the next step!!! Please

also click on the RE/MAX logo to your right to see all properties available by

RE/MAX.

Property details

  • Listing number T3013957
  • Property type Commercial
  • Erf size 1416 m²

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