Property
Description

Property Description

This fully let retail centre is strategically located in the heart of Polokwane Central, Limpopo. The centre features a mix of established tenants, anchored by a national food chain. It enjoys consistent foot traffic and visibility due to its position within one of the busiest commercial corridors in the city. The property is well-maintained and benefits from stable income, making it an attractive asset for long-term investors. Its central location, tenant profile, and rental yield provide both income security and potential capital appreciation.

Features

Fully Let Retail block

Anchor a national food chain tenant

GLA 2800 m² 

Annual net income of R3,240,000

Income Capitalisation Valuation Method

High-traffic commercial zone

Stable tenant mix

Strong rental yield

High Foot traffic

Secure and well-maintained premises

Easy access to major roads

Situated in a growth node of Limpopo

Area Description

Polokwane Central is a dynamic commercial hub known for its dense business activity, high foot traffic, and easy accessibility. The area continues to attract significant investment, making it a strategic location for retail, office, and mixed-use developments.

Area Amenities

• N1 Highway: 4.3 km

• Savannah Mall: 2.0 km

• Polokwane International Airport: 7.8 km

• University of Limpopo: 8.2 km

• Peter Mokaba Stadium: 3.6 km