NO TRANSFER DUTY
EXCLUSIVE MANDATE
Web Ref CL465
R19,500,000
Bank City None None
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Rates
R29,261
R29,261
Fully Tenanted Office Block
Fully tenanted office block For Sale at 50 Walter Sisulu Avenue, Potchefstroom.
Herewith a summary of the Property Features and Investment. Please don't hesitate to contact me should you be interested in purchasing the Asset and require more information.
PROPERTY FEATURES
- Double Storey Office Block
- Located within the Potchefstroom CBD
- Erf Size: 5400m2
- Gross Lettable Area: 2522m2
- Zoning: Business 1
INVESTMENT SUMMARY
- Fully Tenanted
- Tenant One, has been in occupation since 1 May 2019 and their lease term ends on 30 April 2027
- Tenant Two, has been in occupation since 1 January 2026 and their lease term ends on 31 December 2029
- Gross Annual Income: R3 048 204
- Annual Expenditure: R690 525
- Net Annual Income: R2 357 679
- Initial Yield: 12.09%
- Asking Price: R19 500 000, plus vat
- Equates to R7731 per m2
Herewith a summary of the Property Features and Investment. Please don't hesitate to contact me should you be interested in purchasing the Asset and require more information.
PROPERTY FEATURES
- Double Storey Office Block
- Located within the Potchefstroom CBD
- Erf Size: 5400m2
- Gross Lettable Area: 2522m2
- Zoning: Business 1
INVESTMENT SUMMARY
- Fully Tenanted
- Tenant One, has been in occupation since 1 May 2019 and their lease term ends on 30 April 2027
- Tenant Two, has been in occupation since 1 January 2026 and their lease term ends on 31 December 2029
- Gross Annual Income: R3 048 204
- Annual Expenditure: R690 525
- Net Annual Income: R2 357 679
- Initial Yield: 12.09%
- Asking Price: R19 500 000, plus vat
- Equates to R7731 per m2
Features
Building Name
Bank City
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
2,522m²
Land Size
5,400m²
