Turnkey, income-focused investment in central Polokwane CBD, steps from banks and courts. Four versatile units with 30 offices, three boardrooms and prepaid utilities for effortless management.
Step into a hassle-free, high-yield investment opportunity with this meticulously maintained single-storey commercial office building in Polokwane’s CBD. Perfectly positioned on a substantial 1455 m2 stand with a highly functional 785 sqm gross lettable area, this property is designed for professional excellence. Segmented into four distinct and versatile units, the building collectively boasts an impressive 30 offices, 4 welcoming reception areas, 3 professional boardrooms, 4 well-appointed kitchens, and 7 bathrooms. With pre-paid water and electricity meters already installed, utility management is completely seamless, making it an absolute dream for any landlord.
Sold as a thriving going concern, this property offers immediate peace of mind with three established tenants already in place, securing a robust and stable revenue stream from day one. The purchase price excludes VAT. Thanks to carefully managed operational expenses—covering municipal accounts, insurance, maintenance, and compliance costs—the building operates with exceptional financial efficiency. When factoring the healthy net operating income against the competitive asking price, this premium asset delivers a highly attractive Return on Investment (ROI) of 12.43%. Do not miss out on adding this high-performing, income-generating cornerstone to your commercial real estate portfolio today.
Listed for sale at R7,425,000
Polokwane Central offers a vibrant urban lifestyle with convenient access to essential services, retail hubs, and government institutions, making it a desirable location for those seeking a central and connected living experience.
* Distances and amenities are approximate.