Commercial Property for Sale in the Heart of Polokwane!
Commercial Property in Polokwane Central For Sale
Commercial Property for Sale in the Heart of Polokwane!
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This Property offers you:
Building 1:
+/- 550m²
4 Closed offices
3 Open offices
Board room
Server Room
Storeroom
2 Kitchens
2 Bathrooms
2 Receptions
Retail area
5 Parking spaces
Generator
Building 2:
+/- 550m²
2 Bathrooms
Kitchen
2 Built in safes
7 Offices
Board room
Recording Studio
Retail area
Generator
Building 2 is currently generating R 60 000.00 rental income per month and Building 1 has a potential rental income of R 60 000.00 – R 70 000.00 per month. Which counts up to the total of R 1 440 000.00 – R1 560 000.00 per year on rental income. Assuming your monthly expenses on the property would be about 20% of your total rental income, it will lead to a Liquid Return on Investment of 9.6%, a Capital Growth Rate of 6% because it’s a commercial property. The Total Return on Investment will thus be 15.6% which is 8.6% above the average Inflation rate!
We commit ourselves to:
*Truthful and honest advice
*Professional attitude, assessment, and understanding of your needs.
*Confidentiality and protection of your interest
*Negotiate the best possible agreement.
No one sells more property than us, so make the smart choice now.
Pre-qualified or cash buyers will be given preference.
If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment!!!
Please also click on the logo to your right to see all properties available by us
JJ.B.
| Bond Payments | R |
| Mun. Rates & Taxes | ZAR 12,000 |
| Web Ref | RXEG-7111 |
| Property Type | Commercial Property |
| Erf Size | 1428m2 |
| Bathrooms | 4 |
Phillip Schoeman
Broker/Owner
RE/MAX Northland Realty (Polokwane)
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