This one wont last long. Currently 80 % occupied with 4 out of the 5 units tenanted on longer term leases, and the 5th unit is on short term leasing at the moment. Attracting a 14.25% yield on market related net rentals with some cappex to spend on improving the building quality. Primely located on Paul Smit Street, this facility has 5 x 324m2 units with access off the main road. Good power is reason for high rates and breaker charges which can be adjusted or kept to attract the large using power tenants.
Purchase Price R 5 000 000
Building Size1620.00 m2
Monthly Rates10322.00
Type of PropertyFactory
Land Size2800.00 m2
Last Updated04 Oct 2024
Bathrooms0.0
Add Email Alert
To receive emails for similar properties in Anderbolt!
