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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