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R 1 700 000 | warehouse property for sale in hillcrest

Property Description

This 279sqm factory is situated close to main arterials entering Hillcrest's CBD. Situated in a gated business park, with security guard controlled access. Approximately 259 sqm of factory floor, of which approx 20sqm are ablutions, and a 20 sqm upstairs office. There is enough room to build a mezzanine, and some neighbouring occupants have done so. Rental income could easily be R14,000 per month (calculated @ R50 per sqm). Which, less expenses would equate to over a 9% return on investment once tenanted. The unit has a roller shutter door and high ceilings, with 60A 3 phase power, and 3 ton truck access. Call me now to arrange a viewing. The information herein is correct to the best of our knowledge as provided by various parties, however errors and omissions excepted. Factory for sale in Hillcrest. Warehouse for sale in Hillcrest. Factory for sale in Hillcrest, Upper Highway, Factory for sale near Waterfall.


Property Details

Property FeaturesBuilding Name: Fischer Park, Number of Floors: 2, Level Number: 0

Purchase PriceR 1 700 000

Type of PropertyWarehouse

Last Updated03 Feb 2020

Property Location

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Agent

Ryan Lategan

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