Prime Commercial Property – Excellent Location & Income Generating | Polokwane Central
Prime commercial opportunity in the heart of Polokwane Central, ideally situated on a main road with excellent visibility and exposure. Conveniently located close to the High Court, medical facilities and hospitals, local amenities, taxi routes and public transport.
The property offers a 1,400 m² stand with approximately 471 m² building coverage, providing ample space for a variety of commercial uses.
The building comprises more than 15 offices, a boardroom, bathrooms, kitchen and multiple office/pod areas, making it ideal for professional practices, medical-related businesses, attorneys, accountants, training facilities or other commercial enterprises.
Excellent security features include:
• Fully fenced perimeter with electric fencing
• CCTV camera system
• Alarm system
• External security beams
• Individual alarm systems for each pod/unit
• Two separate entrances from the adjoining streets
• Secure parking
Parking includes:
• 9 undercover parking bays
• 4 additional open parking bays
• Ample additional space available on the stand
The property is equipped with air-conditioning throughout the offices and boardroom, as well as a fibre connection with Wi-Fi extenders throughout the premises, ensuring reliable connectivity across all office areas.
Additional features include a strong borehole with water tank and pump, plus backup inverter and battery systems sufficient to keep essential operations, connectivity and basic electrical requirements running during power interruptions.
Income-Generating Opportunity
The property is currently GENERTATING RENTAL INCOME OF APPROXIMATELY R41 000.00 VAT inclusive from one portion and R2,500 from another, with potential to increase the rental income further.
The property is also available as a going concern, subject to the applicable VAT requirements and structuring of the transaction. Price excludes the running concern/business component. Buyers are encouraged to consult their tax and legal advisors regarding the VAT implications.
Excellent visibility + prime central location + strong security + existing rental income + future growth potential.
A rare commercial investment opportunity in a highly sought-after position in Polokwane Central.
Contact us today to arrange a private viewing.