R 3 500 000 | warehouse property for sale in new germany

Multi-tenanted Investment Property consisting of 4 tenanted mini factories and a vacant yard For Sale in New Germany. Current income from the property is as follows: Unit 1 - Tenant in place - R8000,00 p/m lease finishes in Jan 2022 Unit 2 - MMS Manufacturing - R6840,00 p/m month to month. Unit 3 - Approved Motors - R12300,00 p/m month to month Unit 4 - Aquamanzi - R8700,00 p/m month to month. Land - Vacant - R12000,00 p/m Unit sizes and rate p/sqm Unit 1 - 150 Square Meters @ R53,33 p/sqm tenant in place. Unit 2 - MMS Manufacturing - 120 Square Meters @ R57,00 p/sqm Unit 3 - Approved Motors - 224 Square Meters @ R54,91 p/sqm Unit 4 - Aquamanzi - 159 Square Meters @ R54,71 p/sqm Land - 950 Square Meters @ R12,42 p/sqm 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 Truck Access, Superlink, Industrial, Warehouse, tenant, for sale, to let, 3-phase power, N3 Highway, M7, M19, N2, Kwazulu-Natal, Dry port, Harbour