Polokwane - MR655162

Commercial in Polokwane, Polokwane, Limpopo

R 36,750,000

... Numbers not adding up?

2550m2
2855m2
Polokwane - MR655162
Commercial in Polokwane, Polokwane, Limpopo
R 36,750,000
Commercial for Sale For Sale in Polokwane - MR655162
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Key Features

Services

  • Rates and Taxes R32000

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 2550m2
  • Erf Size - 2855m2
  • Price per square floor meter - R14,412 per m2
  • Price per square erf meter - R12,872 per m2

MyRoof Stats

  • 25 Views
PID=655162 DID=679250 SID=1

It’s not very often that a retail opportunity becomes available, but we have one that is immediately available, ready to go, in the CBD of Polokwane. With unparalleled visibility and over 2500sqm of lettable space, this commercial building is located on a very busy intersection in the heart of the CBD, with either end of the building cornering two prominent streets. This is the perfect opportunity to be an owner occupied and rent generating acquisition. The property currently brings in over R280 [hidden] Ex VAT, with potential to bump that up to over R320 [hidden] Ex VAT when fully occupied. Some leases up until 2029 with a 7% annual escalation. A multi-tenanted building with two national franchise tenants onboard. Get in Touch to Learn More.


Price Excludes VAT!! Web Generated Photos for Advertising Purposes Only!!


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No one sells more property than us, so make the smart choice now. Pre-qualified or cash buyers will be given preference. If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment. Please also click on the logo to your right to see all properties available by us.


Make that important call TODAY!



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