Commercial space in Polokwane Central
This Property offers you:
Building 1:
+/- 550m
4 Closed offices
3 Open offices
Board room
Server Room
Storeroom
2 Kitchens
2 Bathrooms
2 Receptions
Retail area
5 Parking spaces
Generator
Building 2:
+/- 550m
2 Bathrooms
Kitchen
2 Built in safes
7 Offices
Board room
Recording Studio
Retail area
Generator
Building 2 is currently generating R 60 000.00 rental income per month and Building 1 has a potential rental income of R 60 000.00 R 70 000.00 per month. Which counts up to the total of R 1 440 000.00 R1 560 000.00 per year on rental income. Assuming your monthly expenses on the property would be about 20% of your total rental income, it will lead to a Liquid Return on Investment of 9.6%, a Capital Growth Rate of 6% because its a commercial property. The Total Return on Investment will thus be 15.6% which is 8.6% above the average Inflation rate!
We commit ourselves to:
*Truthful and honest advice
*Professional attitude, assessment, and understanding of your needs.
*Confidentiality and protection of your interest
*Negotiate the best possible agreement.
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!!!
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JJ.B.
Property details
- Listing number T3512790
- Property type Commercial
- Erf size 1 428 m²
- Rates and taxes R 12 000
Property features
- Bathrooms 4
- Open Parkings 5