Sectional Title development comprising of 7 units available for purchase. 80% occupancy currently with applicants submitted to achieve full occupancy. Current rental achieved is slightly below market related rate having great potential for 16% returns at market related rate per sqm.
There's 3 phase power to all units Separate metering in each unit with prepaid electrical meters
All 7 units totalling 3674sqm or 1.6 Ha erf.
*Buyer is required to purchase all 7 units. No partial purchases available.
Features
Title Freehold
Zoning Industrial
Floor Size 3,674m²
Land Size 16,000m²
Power 3 Phase Yes
Security Yes