R 38 000 000 | warehouse property for sale in alrode south

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Property Description

The property measures 13 250m2 on 21 300m2 of land It has 2 tenants, 6000 m2 and 7250 m2 with 3 years remaining on 5 yr leases High ceiling with 9m to the eves High Power of 2MVA 6 Month development clauses in both leases allowing for possible owner occupier purchase Excellent access from 2 roads Price equates to under R2900 per m2 GLA Nett Yield 11.15% annually


Property Details

Purchase Price R 38 000 000

Building Size13250.00 m2

Type of PropertyWarehouse

Land Size0.00 m2

Last Updated29 Jan 2023

Rooms

Bathrooms0.0

Property Location

Similar Property in nearby suburbs

Agent

Hylton Atkinson

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