Property
Description

Property Description

This 4-hectare industrial property, situated within Polokwane’s established industrial node, represents a well-located asset offering both immediate utility and long-term development potential. The site comprises multiple warehouse structures and administrative blocks, delivering a total gross lettable area (GLA) of approximately 6,000m². The configuration supports a variety of industrial uses, including logistics, manufacturing, and storage, making it suitable for both owner-occupiers and investors seeking stable rental income. Strategically positioned in close proximity to key highway networks, the property benefits from excellent regional connectivity, a critical factor for industrial operations reliant on efficient transport and distribution channels. Given the scale of the land and its location within a mature industrial precinct, the site is well-suited for redevelopment or expansion into a comprehensive industrial park. This asset offers a compelling opportunity to capitalize on the sustained demand for industrial space in Polokwane, underpinned by strong fundamentals in accessibility and versatility

Features

Two adjacent sites walled and combined but not consolidated

Combined size: 4 hectares

Zoned: Business Industrial

Located in busy Polokwane Ext 5

GLA: 6060m²

Annual net income: R1,092,827.58

Income Capitalisation Valuation Method

Situated next to R101

Title deeds held separately

Current rental below market rate

Area Description

Polokwane Ext 5 is an established industrial and commercial area offering excellent access and visibility. It is a sought-after zone for logistics, warehousing, and commercial operations. Its proximity to arterial routes and growing development in the area support long-term investment returns

Area Amenities

R101 Road: 0.2 km

N1 Highway: 2.8 km

Polokwane CBD: 3.5 km

Gateway International Airport: 9.1 km

Savannah Mall: 4.2 km

Peter Mokaba Stadium: 5.0 km