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R 26 400 000

Commercial Property for Sale in Polokwane Central

Polokwane Central, Polokwane
  • Gross Lettable Area 1 986 m²
Commercial Investment - A Sanctuary for Productivity! For Sale!

Dual Mandate | Nestled within the bustling cityscape, this office block stands as a towering emblem of modern commercial architecture. With a regal size of 1428 square meters, it commands attention and respect, offering a haven for businesses seeking a prestigious address.

Zoning: Business And Commercial Properties

Comprising 54 individual offices, each a sanctuary for productivity and innovation, the building exudes a sense of corporate sophistication. Its layout, meticulously designed to maximize efficiency, caters to the diverse needs of its occupants. From startups to established enterprises, every business finds its niche within these walls. Yet, this edifice offers more than just workspace; it embodies resilience and preparedness. With a backup water supply supplemented by three 5000-liter tanks and a pressure pump, it stands ready to weather any challenge,...

Dual Mandate | Nestled within the bustling cityscape, this office block stands as a towering emblem of modern commercial architecture. With a regal size of 1428 square meters, it commands attention and respect, offering a haven for businesses seeking a prestigious address.

Zoning: Business And Commercial Properties

Comprising 54 individual offices, each a sanctuary for productivity and innovation, the building exudes a sense of corporate sophistication. Its layout, meticulously designed to maximize efficiency, caters to the diverse needs of its occupants. From startups to established enterprises, every business finds its niche within these walls. Yet, this edifice offers more than just workspace; it embodies resilience and preparedness. With a backup water supply supplemented by three 5000-liter tanks and a pressure pump, it stands ready to weather any challenge, ensuring uninterrupted operations even in the face of adversity.

Security is paramount, evident in the array of measures in place. CCTV cameras keep a vigilant eye on every corner, providing round-the-clock surveillance. Secure parking facilities offer peace of mind to tenants and visitors alike, while burglar bars reinforce the building's defenses, safeguarding against unauthorized access.

Ascending through multiple levels, totaling 1986 square meters of lettable space, the building presents a wealth of opportunities. Currently operating at 40% occupancy, it boasts untapped potential waiting to be unlocked. With its adaptable layout, it holds the promise of transformation, capable of seamlessly transitioning from commercial office rentals to student accommodation.

Converted into offices in 2007 with multiple tenants, this property has stood the test of time, evolving with the ever-changing landscape of urban development. Its allure lies not only in its physical attributes but also in its potential as a strategic investment. Aspiring landlords and seasoned investors alike recognize its value, viewing it as an ideal addition to any property portfolio. In essence, this office block embodies the essence of a sound investment—a fusion of functionality, resilience, and adaptability. Its significance transcends mere bricks and mortar. This is a visionary real estate opportunity where space is ingeniously optimised to cater to a myriad of needs. Nestled within a vibrant urban landscape, this property epitomizes versatility and potential, offering 11 open-plan units primed for a multitude of purposes.

Each unit, a blank canvas awaiting transformation, boasts a spacious layout conducive to creative utilization. Whether envisioned as storage facilities, office spaces, or commercial rentals, the possibilities are as limitless as the imagination. With rental rates set at a competitive R4200 per unit, the return on investment is both lucrative and sustainable.

Strategically positioned to capitalize on diverse market demands, this property serves as a beacon for entrepreneurs, startups, and established businesses alike. From fledgling ventures seeking affordable office space to established enterprises in need of supplementary storage, every tenant finds a niche within these walls.

Beyond its inherent flexibility, this property offers an unparalleled investment opportunity. Its adaptability ensures resilience in the face of evolving market trends, safeguarding against obsolescence and ensuring long-term viability. With a discerning eye for value, investors recognize the potential for significant returns and sustainable growth.

Moreover, its location within a thriving commercial hub amplifies its appeal, offering unparalleled access to amenities, transportation networks, and a captive audience of potential tenants. As urban landscapes continue to evolve, this property stands as a testament to innovation and foresight—a cornerstone of any savvy investor's portfolio. In summary, this real estate gem represents more than just a collection of units; it embodies the spirit of adaptability and opportunity. With its cleverly optimized space, competitive rental rates, and limitless potential for use, it presents a compelling investment proposition—one that promises not only financial returns but also the satisfaction of realizing untapped potential in the dynamic world of real estate.

Listing number: P24-114529173, Image number: 1
Listing number: P24-114529173, Image number: 2
Listing number: P24-114529173, Image number: 3
Listing number: P24-114529173, Image number: 4
Listing number: P24-114529173, Image number: 5
Listing number: P24-114529173, Image number: 6
Listing number: P24-114529173, Image number: 7
Listing number: P24-114529173, Image number: 8
Listing number: P24-114529173, Image number: 9
Property Overview
Listing Number
114529173
Type of Property
Commercial Property
Description
Hotel, Office, Retail, Yard, Distribution Centre
Lifestyle
Complex
Listing Date
12 June 2024
Erf Size
1 428 m²
Floor Size
1986 m²
Zoning
General Business
Floor Number
3
Bathrooms
18
Unisex bathrooms, In unit bathrooms
Board Rooms
3
Kitchens
18
Cleaning service, Sink
Offices
54
Parking
45
Secure parking, Shade net parking, Visitor parking
Outside Areas
2
Gross Lettable Area
1986 m²
Green Building
No
Building Grading
AAA Grade
Multi Tenanted
Yes
Style
Open Plan, Traditional, Architect-designed
Facing
North, Street Front, Level Road
Roof
Zinc
Wall
Plaster, Face-brick
Window
Steel , Wood
Standalone Building
Yes
Number of floors
3
Backup Water
Water Tank
Backup Power
Backup Battery / Inverter
Security
Electric Gate, Security Gate, Closed Circuit TV, 24 Hour Access, Electric fencing, Perimeter Wall, Boomed Area, Safe
Temperature Control
Air Conditioning Unit
Nearby Public Transport
Minibus Taxi
Internet Access
Fibre
Wheelchair Accessible
No
Generator
No
Backup Water
Yes
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