Property features

R8 600 000
Rates R6600 pm

Property Details

The Seller is VAT registered and VAT is excluded if applicable. No transfer duty is payable on VAT transactions. This building is in the residential and commercial heart of Polokwane, in Bendor Drive. It is surrounded by offices and buildings that are occupied by professionals and by well taken care of residential properties. The building consists of 5 office-suites each with a private entrance, kitchen and bathroom. The inside walls are dry-walling which makes it easy to change the layout, if needed. The total current rental income is around R165 000.00 and all suites are occupied. All suites are at street level and the sizes are as follows: Suite 1 - 102m²: Reception, 4 offices, kitchen and bathrooms Suite 2 - 15m²: One office and reception Suite 3 - 387.m²: 8 Offices, 2 Reception/waiting areas, kitchen that walks out onto a large patio with a braai and the garden; 2 store rooms, boardroom, and multiple bathrooms Suite 4 - 142m²: 5 Offices, reception, kitchen and bathrooms Suite 5 - 77m²: 2 Offices, store room, reception, kitchen and bathroom See building outlay attached. Total floorsize is 723m² The property further offers 26 carports and 6 open parking spaces as well as a large generator with the capacity to power the entire building. The building is well maintained and secured.