R3,500,000

R3,500,000

400m² Office For Sale in Polokwane Central
Covered
Lebo Sithole

PRIME CBD OFFICE BUILDING FOR SALE – 14 OFFICES, PARKING, AND PROXIMITY TO THE HIGH COURT

Web Ref. POL-CS00088
Land size 1088.00 m²
Floor size 400.00 m²
Monthly Bond Repayment
R33,994.14
Presenting a rare investment opportunity in the heart of the Central Business District (CBD) – a spacious office building for sale. This property, although vandalized and in need of tender loving care (TLC), offers immense potential for transformation into a premium business hub. Its prime location, coupled with essential amenities, makes it a valuable prospect for investors or businesses looking to establish a significant presence in the CBD.

14 Individual Offices:
The building features 14 separate office spaces, each offering ample natural light and flexibility for customization. Ideal for a range of professional services, these offices can be tailored to meet the specific needs of various businesses.
Ample Parking:
With parking spaces available for all 14 offices, this property provides a significant advantage in the busy CBD area, ensuring convenience for both employees and clients.
Bathrooms:
The building includes three bathrooms, strategically positioned for ease of access. These facilities require refurbishment to restore them to a modern and functional standard, ensuring comfort and hygiene for occupants.
Kitchen Area:
There is a designated kitchen space that requires installation. Once fitted, this area can serve as a communal space for staff to prepare and enjoy meals, enhancing workplace satisfaction and productivity.
Prime Location:
Situated within walking distance of both the High Court and the Magistrate Court, this property is particularly suited for legal firms or businesses that benefit from proximity to these institutions. Additionally, the location offers easy access to a variety of amenities, including cafes, restaurants, and public transport, making it a highly convenient spot for daily operations.
Property Condition:
This building has experienced vandalism and requires comprehensive refurbishment to realize its full potential. Necessary repairs include restoration of walls, windows, and general infrastructure. This presents an excellent opportunity for those willing to invest in renovations to create a bespoke office space tailored to their needs.
Investment Potential:
With a strategic vision and investment, this property can be transformed into a premier office building in a highly sought-after location. Its proximity to key judicial institutions enhances its appeal, particularly for legal professionals and related businesses. The significant space and existing structure provide a solid foundation for redevelopment into a high-quality business environment.

This building for sale in the CBD represents a unique chance to acquire a substantial property with tremendous potential. Featuring 14 offices, dedicated parking, and close proximity to the High Court and Magistrate Court, it is an ideal investment for those ready to undertake the necessary refurbishments. With the right approach, this building can be revitalized into a thriving center of business activity.

For further details or to arrange a viewing, please contact me!
Seize the opportunity to transform this promising property into a vibrant and successful business hub.

Make that call TODAY!
Monthly Rates R5,010

Features

Zoning
Commercial
Interior
2 Bathrooms
Sizes
Land Size 1,088 m²
Floor Size 400 m²
Parking Bays
2 Covered Parkings
Additional Amenities
Lapa
Access Gate
Fence
Paveway
Listing Info
Date Listed 31-05-24
Time Listed 10:09

Finance

Calculators:
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