R 10 000 000 | investment property for sale in technikon

Very neat, light industrial complex consisting of 8 lettable mini units ranging in different sizes. Lease periods are generally 1-3 years. Occupation is around 50% with gross monthly income of around R86,000. Potential gross income when fully let is around R178,000 per month. A purchaser could potentially occupy the vacant space himself. It would ideally be advised to register the premises as a sectional title, and the 8 units can then be sold off separately. These warehouses have the following features: -Low maintenance (all facebrick building and boundary walls) - Each unit has own change rooms and ladies and gents toilets inside - Each unit has own allocated parking bays - 4m high roller door access - The entire open areas of the property are paved with industrial grade paving - Good natural light (polycarbonate roof sheeting between IBR) - Roof height of up to 14 metres allowing a mezzanine floor to be built in all units (potential for significant increase in GLA of each unit by 100-200sqm)