Commercial Property in Phuthaditjhaba For Sale

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Description

Multi- Tenanted Building- Investment opportunity!!!

You do not want to miss this investment opportunity with excellent ROI!

This property is centrally located in Phuthaditjhaba CBD - close to the municipality, shopping centres and other business.

The building is a three-storey office block, with parking bay and 1163.59m2 in floor size. There are currently 17 income generating tenants – 2 of which are National Companies and have occupied the building for many years with long terms leases in place. Lease agreements currently have an 8% escalation per annum, copies of the lease will be supplied to approved investors.

Phuthaditjhaba has a shortage of quality offices, and this could be a great opportunity for the right investor. The 3 floors makes this property ideal for different uses. Floor plans available on request.

Contact us to arrange a private viewing and secure a new prime business location.

VAT must be Added onto the Purchase Price.

RMX MALUTI (PTY) LTD trading as RE/MAX Maluti (Harrismith) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Nazreen Mahomed
Nazreen Mahomed
RE/MAX Maluti (Harrismith)
Full Status Property Practitioner
Registered with the PPRA
FFC 2023325391
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RMX MALUTI (PTY) LTD trading as RE/MAX Maluti (Harrismith) operates in terms of a franchise agreement with RE/MAX of Southern Africa.