R 10 500 000
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1 617 m² Industrial space in Polokwane Central

3 569 m² 1 617 m²

Prime Investment Opportunity in Industria Polokwane

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.

Property details

  • Listing number T4676756
  • Property type Industrial
  • Listing date 19 Jun 2024
  • Land size 3 569 m²
  • Floor size 1 617 m²
  • Rates and taxes R 18 000

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