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SALE PRICE
Original price: 615831.44 USD
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.The actual rates of your bank, credit card company or other institution may vary. Important additional information.
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3209 m2
3906 Land Area
9 Car Spaces
We have a fully let (2 tenant) building, for sale.Longer term, strong tenants (1 is a listed company)Rental income is R1,531,260.00 p/a for sale at R11,500,000.00 which is at/around a 12% initial year return.
-This building is in very good condition, has been meticulously refurbished/painted.
-Fully enclosed with an upgraded electric fence.
-Area has been improved and this is being continued with the assistance of local/proactive CID.
- Large yard, link/container accessible yard (expandable) on removal of the un-leased garage/storage sheds.
- goods lift installed to 1st floor- good upside to future leases, at above current rentals.
- Great investment opportunity for the keen buyer.
- High power to site. (400+ amps)This building, location and layout is not being rented at its full capacity, with a clear upside with future rentals, while still providing a great current return/investment.
For a full sales pack and site inspection, Make an appointment to see it today to discover its unique charm and potential.
Available from:
10.04.2024Year of Construction:
2018Type:
Industrial
Broker: Jack Bass Commercial Real Estate
7480 Western Cape Cape Town South Africa
This is a property advertisement published and maintained by Jack Bass Commercial Real Estate and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.
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