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Property
Description

Property Description

This property consists of six fully let sectional title office units located in the central business district of Mokopane. Situated within a mixed-use residential and commercial block, the offices benefit from consistent tenant demand and accessibility to major services in the town.  The body corporate overseeing the complex is well-run and maintains a healthy reserve fund. Levies include insurance, making it easier for investors to manage costs. This asset provides stable income with potential future capital growth

Features

5x Sectional title retail units

1x Office 

Monthly net income: R47,759.49

Annual income estimated at R573,113.88

GLA: 511 m²

Located in Mokopane CBD

Income Capitalisation Valuation Method

Part of mixed-use residential/commercial complex

Levies include insurance

Well-managed body corporate. Levies expected to decrease

Centrally located with good visibility

Secure premises

Area Description

Mokopane is a growing commercial hub in Limpopo province, attracting both local and regional businesses. The CBD provides high pedestrian and vehicular traffic, supported by nearby government offices, banks, and commercial services. It is strategically positioned along the N1 route between Johannesburg and Polokwane.

Area Amenities

• N1 Highway: 2.5 km

• Mokopane Mall: 1.1 km

• Municipal Offices: 0.8 km

• Mokopane Regional Hospital: 2.0 km

• Mokopane High School: 1.7 km

• Total Garage (CBD): 0.4 km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
40 Van Riebeeck Street , Mokopane - Property Ref: F108479, Limpopo, Limpopo

AUCTION ADDRESS:
Masingita House , 41 West Street, Houghton Estate , Johannesburg , Gauteng

AUCTION DATE:
2025-05-22

AUCTION START TIME:
11:00

KEY FEATURES

GBA: 511m2


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