NEW
1,980m² Warehouse For Sale in Elsies River
R13,000,000
382 Voortrekker Road
Web Ref
CL14387
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 Fortricker 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 seeking a high-yield asset in a thriving industrial hub.
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 seeking a high-yield asset in a thriving industrial hub.
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
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Annenberg Property Group Celebrates Its 50th Year In Commercial And Industrial Property In Cape Town
Established in 1972, 50 years later, in 2022, Annenberg Property Group enjoys 50 years of success in commercial and Industrial Property In Cape town
