1 617 m² Industrial space in Polokwane Central
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