R57 000 000
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1416m2
Commercial Property in Polokwane Central For Sale
MEGA COMMERCIAL INVESTMENT!! JUSTIFIED RETURNS!!
1416m2
Commercial Property in Polokwane Central For Sale
MEGA COMMERCIAL INVESTMENT!! JUSTIFIED RETURNS!!
Features
Description
It is not common for an opportunity of this magnitude to
avail itself in the market BUT we at Remax have a great offer waiting for you.
This property is located in the busy CBD of Polokwane and is occupied by a top
end Government Parastatal. The tenants have been occupying this building for
many years with a 5 year lease currently in place. The Nett Annual Income is R7
180 000.00 Ex VAT with a 6% annual escalation on the rental amount. This gives
you a Nett R.O.I of 12.6% per annum which will get better with escalation. A
solid opportunity awaits qualifying investors.
**PHOTOS OF POLOKWANE LANDMARKS FOR ADVERTISING PURPOSES
ONLY**
**NO TIME WASTERS!! ONLY COMPETANT AND QUALIFYING BUYERS NEED
RESPOND** **SELLING PRICE IS EX
VAT**
If you do not know what you qualify for, we can assist you
with an in-house pre-qualification FREE OF CHARGE!!! If this property does not
suit your needs or taste, please give me a call to discuss the next step!!! Please
also click on the RE/MAX logo to your right to see all properties available by
RE/MAX.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RXEG-5601 |
| Property Type | Commercial Property |
| Erf Size | 1416m2 |
Contact Agent
J.P. Lopes
Sales Associate
RE/MAX Northland Realty (Polokwane)
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R57 000 000
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