Web Ref AS2124N
R4,500,000
Multi level building for sale in Newlands - Investment opportunity
This neat and well-maintained multi-level building measures 2,124m² under roof and is situated on a 1,982m² stand. The property is a multitenanted investment generating a rental income of R51,000 per month, making it an attractive opportunity for investors seeking stable returns.
The facility boasts an impressive 2,500 amps of three-phase electrical power supply, ideal for power-intensive operations. The interior offers great natural lighting, pristine office components, ablution facilities, and a kitchenette, all contributing to a functional and professional environment.
With easy access and a solid tenant base, this property is available for purchase at R4,5 million plus VAT—an excellent value for a well-located, income-generating industrial asset.
Income breakdown:
TOTAL RENTAL INCOME - R51,021.68
TOTAL ELECTRICITY INCOME - R10,400.00
TOTAL INCOME - R61,421.68
TOTAL RATES BILL TO PAY - R14,155.95
TOTAL ELEC & WATER BILL TO PAY - R20,600.00
TOTAL TO PAY - R34,755.95
PROFIT - R26,665.73
The facility boasts an impressive 2,500 amps of three-phase electrical power supply, ideal for power-intensive operations. The interior offers great natural lighting, pristine office components, ablution facilities, and a kitchenette, all contributing to a functional and professional environment.
With easy access and a solid tenant base, this property is available for purchase at R4,5 million plus VAT—an excellent value for a well-located, income-generating industrial asset.
Income breakdown:
TOTAL RENTAL INCOME - R51,021.68
TOTAL ELECTRICITY INCOME - R10,400.00
TOTAL INCOME - R61,421.68
TOTAL RATES BILL TO PAY - R14,155.95
TOTAL ELEC & WATER BILL TO PAY - R20,600.00
TOTAL TO PAY - R34,755.95
PROFIT - R26,665.73
Features
Zoning
Industrial
Interior
Power (3 Phase)
Yes
Power (Amps)
2,500
Exterior
Security
Yes
Sizes
Floor Size
2,124m²
Land Size
1,982m²
STREET MAP
STREET VIEW
