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R7,500,000 | 885m² Warehouse For Sale in Killarney Gardens

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R7,500,000

16 Scheckter Road

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Monthly Rates
R3,909.45

Investment Opportunity Killarney Gardens

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.

Features

0
Zoning
Industrial
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Sizes
Floor Size
885m²
Land Size
1,000m²
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-33.8241011, 18.5354174

Killarney Gardens, Milnerton

Milnerton is one of the oldest suburbs in Cape Town with a history dating back to 1902 when it formed part of a farm known as Janbiesjeskraal. Fast-forward to over 100 years later, it has become a powerhouse suburb with strong residential, commercial and industrial sectors. Today, Milnerton is a key player in the economy and an important component of long-term development and investment plans in the Mother City. The... More Info

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