This stand-alone industrial property, priced at R2,400,000 (no VAT), offers a solid investment opportunity. The property spans 400m² under roof, situated on a 992m² stand. It consists of 4 micro units, each measuring 100m², with a total rental income of R33,000 per month. All tenants are on pre-paid electricity, ensuring easy management of utility costs. This property provides a steady rental income stream, making it an attractive investment for those seeking a reliable return in the industrial sector.
The tenants are currently on a month to month paying the following rentals:-
No 1: R8 000 pm No 2: R8 000 pm No 3: R8 500 pm No 4: R8 500 pm