This is an investment property comprising of 9,500sqm buildings situated on a 18,327sqm stand. The current rental income is approximately R15 000 000 with the potential rental income of R21 000 000 if it becomes fully tenanted. Presently, there are 6x tenants occupying the units with ongoing leases in place. The total expenses are roughly R790 000 per annum.
Very neat and well maintained industrial / commercial premises with factories, welcoming reception area and A grade, modern offices.
Features
Title Freehold
Zoning Industrial
Floor Size 9,500m²
Land Size 18,327m²
Power 3 Phase Yes
Security Yes