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R7,662,000 | 819m² Retail For Sale in Polokwane Central

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R7,662,000

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Monthly Rates
R8,700

Discover a prime retail property for sale in the bustling Polokwane CBD.

Discover a prime retail property for sale in the bustling Polokwane CBD, featuring five separate businesses with established rental contracts. This versatile building offers prepaid electricity for all shops, ensuring convenience and cost-efficiency. Each shop includes its own reception area, kitchen, and bathroom, catering to the needs of diverse tenants. With seven bathrooms for men and women, plus ample parking—seven open spaces and five street spots—this property is designed for high foot traffic and accessibility. One shop, the largest, is owner-occupied, while the remaining four generate a total rental income of R28,000 per month, all on month-to-month leases. The property incurs rates and taxes of R8,700 per month, making it an excellent investment opportunity in a thriving location.

Features

7
Zoning
Retail
Title
Freehold
Exterior
Security
No
Parking Bays
Open Parkings
7
Sizes
Floor Size
819m²
Land Size
1,427m²
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-23.911408, 29.44982
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