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Discover a prime retail property for sale in the bustling Polokwane CBD.
R 7,662,000
Can I afford this?
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1 month ago15 views
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General Details
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Description
Discover a prime retail property for sale in the bustling Polokwane CBD, featuring five separate businesses with established rental contracts. This versatile building offers prepaid electricity for all shops, ensuring convenience and cost-efficiency. Each shop includes its own reception area, kitchen, and bathroom, catering to the needs of diverse tenants. With seven bathrooms for men and women, plus ample parking—seven open spaces and five street spots—this property is designed for high foot traffic and accessibility. One shop, the largest, is owner-occupied, while the remaining four generate a total rental income of R28,000 per month, all on month-to-month leases. The property incurs rates and taxes of R8,700 per month, making it an excellent investment opportunity in a thriving location.
Property Reference #: BCL45
Agent Details:
Dirk van Niekerk
Bold Real Estate
Nadene 4
106 Van Heerden Street
Mokopane
0601
Property Reference #: BCL45
Agent Details:
Dirk van Niekerk
Bold Real Estate
Nadene 4
106 Van Heerden Street
Mokopane
0601
Id Subtitle 1320077706
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Estimated monthly repaymentR 83,034
Total property loan amountR 7,662,000
Total interestR 12,266,073
Total repaymentR 19,928,073
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.
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Bold Real Estate
Selling for 1 year
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