This subject  industrial  building measuring 2031 sqm located in New Germany compromises of 5  warehouse units with ample parking. The property has great security with an electric fence on the perimeter and automated gate entrances.

Extent 2051m2
GLA 2031m2
Rates (monthly) R26,251.47
Asking Price R9, 150 000
(Excluding Vat) (Excluding Vat) Escalation
1 Tenant 1 01/03/2025 28/02/2028 R40,020.75 R480,249.00
2&3 Tenant 2 01/11/2024 31/10/2026 R28,080.00 R336,960.00 8%
4 Tenant 3 01/05/2024 30/04/2028 R23,760.00 R285,120.00 8%
5 Tenant 4 01/12/2024 30/11/2026 R16,500.00 R198,000.00 10%
Total R108,360.75 R1,300,329.0

For more info and in depth 5 year projected financials please contact Louis