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R 9 500 000 | warehouse property for sale in steeledale

Property Description

Investment stock - Engineering factory with 2 x 5 ton cranes and 1 x 10 ton crane. The property offers 1000 amps three phase electrical power supply. There are tenants in place, a listed company, has 30 months remaining on a 3 year lease generating R102,136.54 per month excluding VAT with option to renew at 10% escalation. The second tenant has a 1 year lease in place, with option to renew, at R17 940 per month excluding VAT.

Property Details

Purchase PriceR 9 500 000

Building Size2996 m2

Price Per SQMR 3170 m2

Type of PropertyWarehouse


Land Size3998 m2

Last Updated29 Nov 2021

General Features

Three Phase PowerYes

Property Location

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Jason Cronk


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