Exciting tenanted property for Sale, the property comes in a great condition with 3 tenants with long standing leases. The property is extremely well maintained. This property comprises of 3 Units which can be split up as follows:
Unit 1: 500m² with cold storage, 5 parking bays Unit 2: 185m², 2 parking bays Unit 3: 200m², 3 parking bays
The property is fully tenanted and has long leases in place, contact me for rentals achieved per unit and lease length. The property has potential for 10% and higher IRR don't miss out. Contact John for full breakdown of incomes and expenses on the property. Please contact Annenberg Property Group to view this property or for any other business opportunity of a similar nature.
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Features
Zoning Industrial
Monthly Rates R3,909.45pm Excl. VAT
Floor Size 885m²
Land Size 1,000m²
Power 3 Phase Yes