COMMERCIAL PROPERTY FOR SALE IN POLOKWANE CBD AREA

R 9,000,000

Can I afford this?
7 months ago251 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Description
A COMMERCIAL GOLD MINE, close to all the main Government offices, walking distance from the Police Station, High Court, and central business hub. This property is perfect for a large business, Attorneys offices, or for an investor looking for a multiple rental income opportunity.

This double storey building has a total of 4 lettable spaces that contains 30 offices combined.

The Ground Floor is currently under lease agreement until December 2022 and generates a rental income of R55 000 including VAT.

The building consists of the following:

1. MAIN BUILDING FIRST FLOOR: (772.73m²)
(MAIN OFFICE ARA)
Alarm
Private front entrance
Reception area
Boardroom
18 x Offices
Kitchenette
Strong-room/Safe (±3m x 8m)
2 x Copier areas
4 x Restrooms (Ladies and Gents)
Library
Entrance to under roof parking

2. (SECONDARY OFFICE AREA) – part of MAIN BUILDING FIRST FLOOR
Reception
Boardroom
4 x Offices
Kitchenette
Strong-room/Safe
Library
2 x Restrooms (Ladies and Gents)
Entrance to under roof parking

3. MAIN BUILDING GROUND FLOOR: (293.25m²)
Large reception area
Open floor space being used as a drawing room
Boardroom
6 x Offices
Kitchenette
Walk-in safe
Filing / Storeroom
Separate front and back entrances
Lockable vehicle access gate
6 x Lockup garages
3 x Shaded parking areas
2 x Restrooms (Ladies and Gents)
2 x Outside toilets, 1 with shower

4. ANNEX: (78.57m²)
Separate front entrance
2 x Offices
Open plan reception
1 x Ladies and Gents toilet

UNDER ROOF PARKING: (830.2m²)
Lockable vehicle access gate
CCTV cameras
18 x vehicle parkings
2 x storerooms
1 x Staff quarters with toilet and shower
Games Room

OTHER:
3-Phase Generator
Telkom and Fibre Internet

Call Tania or Chèrique to view this property!
Kindly note that VAT is applicable.

Rates And Taxes: 30000
Property Reference #: 167

Agent Details:
Cherique Minnaar
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699

Id Subtitle 1235033411
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 97,534
Total property loan amountR 9,000,000
Total interestR 14,408,073
Total repaymentR 23,408,073
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Simply Properties
Selling for 7+ months
Total Ads163
Active Ads163
Professional Seller
Seller stats
163Total Ads
39.54KTotal Views
Contact Simply Properties
071*******Show Number
Message
(3996)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.