Properties on Auction
on 24 April 2025
Live & Virtual Online Auction - Live Venue: Bryanston Room and Marquee, Bryanston Country Club, 63 Bryanston Drive, Bryanston

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Income Generating Office Building

Address:

26 Thabo Mbeki Street,

Suburb:

Polokwane Central

Province:

Limpopo Province

Country:

South Africa

Web Ref:

117809

Opening Bid:

R15,000,000.00

Description:

This spacious three-story commercial office block is a prime investment opportunity in the heart of Polokwane's bustling CBD

Improvements: 1903.85 m²
37 Office Spaces - Designed for multiple tenants, ensuring maximum rental income
3 Street-Front retail units - Ideal for businesses that benefit from high foot traffic
Secure and ample Parking - 16 Basement bays and 13 covered parking spaces for tenants and clients
State-of-the-Art Security - CCTV cameras, motorized entrance gates, and controlled access provide a safe working environment
Backup water supply - Ensuring uninterrupted operations for businesses
Zoned for Business and Commercial Use - Ideal for corporate offices, financial services, legal firms, and retail spaces
Occupied - Immediate income generation with an established tenant base
GAI: ± R3.5 Million