R 5 000 000 | factory property for sale in alberton north

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Property Description

This neat property consists of 3 units with cranes located in an Industrial Compound. 2 Units Measure approximately 230sqm and include 5 Ton Cranes and a double story Office and Ablution component in both. The larger unit, located at the rear, consists of a 3 story office component measuring approximately 280sqm and 3 cranes (2 x 5 Ton and 1 x 8 Ton) above each bay in the factory measuring approximately 1000sqm and includes an oil separation pit. There are 10 covered parking bays along the side of the premises, with additional parking at the front of the property both inside and on the pavement. The property is fully let with a rental income of R 48,620.00 VAT. The building is face brick that keeps the maintenance costs low. This is well priced property for an investor or an owner occupier that is looking for additional rental income to cover a portion of the bond costs.


Property Details

Purchase Price R 5 000 000

Building Size1740.00 m2

Monthly Rates1347.88

Type of PropertyFactory

Land Size2401.00 m2

Last Updated29 Jan 2023

Rooms

Bathrooms11.0

Property Location

Similar Property in nearby suburbs

Agent

Hylton Atkinson

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