Web Ref CL14387
R13,000,000
384 Voortrekker Road
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Investment Opportunity in Elsies Industrial fronting onto Voortrekker Road
Discover a strategic investment in the heart of Elsies Industrial, boasting a mix of General Business and General Industrial zoning. This property, situated at 384 Voortrekker Road and backing onto Drukkery Street, offers a total gross lettable area of 1980m² on a Erf of 2327m²
Property Highlights:
- Location: Strategically positioned with easy access to major transport routes.
- Tenants: Currently occupied by six tenants, with one vacancy comprising 510m²
- Projected Yield: 9.9% once fully tenanted, with expenses estimated at 15%.
- Investment Value: Asking price of R13 million, offering excellent potential for capital appreciation and steady rental income.
This property presents a compelling opportunity for investors.
Contact us today to discuss this opportunity further and arrange a viewing.
Property Highlights:
- Location: Strategically positioned with easy access to major transport routes.
- Tenants: Currently occupied by six tenants, with one vacancy comprising 510m²
- Projected Yield: 9.9% once fully tenanted, with expenses estimated at 15%.
- Investment Value: Asking price of R13 million, offering excellent potential for capital appreciation and steady rental income.
This property presents a compelling opportunity for investors.
Contact us today to discuss this opportunity further and arrange a viewing.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,980m²
Land Size
2,327m²
STREET MAP
STREET VIEW
