2 180 m² Office Space in Potchefstroom Central
A historical building that has been designated as a historical site offers a unique and attractive feature for potential investors. The building possess architectural beauty and cultural significance, making it sought after for various purposes such as offices, retail spaces, or museums.
The consistent rental income from 12 different tenants provides a steady cash flow, ensuring a stable financial income for the property owner. This diversified tenant base also spreads the risk of default, as any potential loss from one tenant can be offset by the income generated from others.
The availability of secured parking for customers and staff is a valuable amenity that adds convenience and safety to the property. This feature can be especially important in prime locations where parking can be limited.
Speaking of a prime location in Potchefstroom, this characteristic adds further value to the historical building. A prime location usually entails high visibility, easy accessibility, and proximity to other businesses, amenities, and potential customers. These factors can increase the demand for space within the building and potentially drive up rental rates.
Property details
- Listing number T4690188
- Property type Offices
- Erf size 2 181 m²
- Floor size 2 180 m²
- Rates and taxes R 13 000
Property features
- Bathrooms 12