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R6,500,000 | 900m² Warehouse For Sale in Newlands

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R6,500,000

Property for sale in Newlands

This property currently has 4 tenants generating rental income. These rented flats generate an investment income of R24 000 on pre paid electricity.
There are 3x flats contributing to a steady stream of revenue. Additionally, there are 2x empty yard spaces available for further rental opportunities. The yard space measures 500sqm and is partially covered.

The premises has a three-phase 60 amps electrical power supply available. There are 3 entrances into the property, 5x ablution facilities with 2x showers, and 1x kitchen. The building is conveniently located with easy access to main roads and offers excellent main road exposure.

Overall layout: approximately 900m² comprising office space, workshop, and warehousing on a 1020m² stand, with residential flats situated on the second level.

Features

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Zoning
Industrial
Exterior
Security
Yes
Sizes
Floor Size
900m²
Land Size
1,020m²
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-26.17387, 27.962409999999977

Newlands, Johannesburg

City Deep City Deep hailed as Africa’s largest dry port, is situated in the heart of South Africa’s most industrious city, Johannesburg. Its history dates back to 1977 and was developed by the South African Railways (SARS). It connects to the Durban Port which is the largest container port in South African and second largest in Africa - behind Port Said in Egypt. City Deep is a centrally located area... More Info

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