R 11 950 000 | warehouse property for sale in new germany

Property Specifications: Floor Area - 1175sqm Asking Price - R 11,95m Rates - R14,423.47 Fully Tenanted Ground Floor - Tenant 1 - Expiry 28/02/2026 - Monthly Rent R62,447.53 - Escalation 10% Lower Ground Floor - Tenant 2 - Expiry 31/12/2026 - Monthly Rent R27,500.00 - Escalation 8% Yard - Tenant 3 - Expiry 31/08/2029 - Monthly Rent R37,547.51 - Escalation 10% Total Monthly Rent R127,495.04 Total Annual Rent R1,529,940.48 New Germany forms part of the western suburbs of Durban. The node is east of Pinetown and accessed via the M19 from Umgeni Road in Durban. The node is known to be heavy industrial as a large supply of power can be found, it is accompanied with moderate rentals. The area is amongst many public transport stops and convenient amenities ??Points of interest in relation (in km) to New Germany:? Durban Port - 25.2km? M7 Highway - 4.8km ?King Shaka Airport - 39.4km? N3 Highway - 4.0km ??We specialize in commercial and Industrial property in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.??New Germany, Pinetown, Maxmead, Westmead, Mahogany Ridge