Web Ref CL45
Investment Property
INVESTMENT PROPERTY:
- Tenanted with 18 months of lease left
- Current Monthly Rental is R215 968
- Selling Price is R18 500 000, negotiable (Zero Rated Transaction)
- Yield is 11.8%
PROPERTY FEATURES:
- Office space is approximately 15% of the total space
- Workshop space is approximately 85% of the total space
- Truck access from 2 sides of the premises
- Workshop roof height is approximately 6 metres to eaves
- 3 phase electricity of 800amps
- Generator of 500amps
- Number of welding plugs
- There are several on-grade roller doors, situated on 2 sides of the workshop
- 7 x 1 tonne cranes
- 3 x 0.5 tonne cranes
- Spray booths
- Vehicle wash bays
- Chemical storage room
- Parts spares warehouse
- Canteen
- Ample staff ablutions
- Staff turn styles
- Tenanted with 18 months of lease left
- Current Monthly Rental is R215 968
- Selling Price is R18 500 000, negotiable (Zero Rated Transaction)
- Yield is 11.8%
PROPERTY FEATURES:
- Office space is approximately 15% of the total space
- Workshop space is approximately 85% of the total space
- Truck access from 2 sides of the premises
- Workshop roof height is approximately 6 metres to eaves
- 3 phase electricity of 800amps
- Generator of 500amps
- Number of welding plugs
- There are several on-grade roller doors, situated on 2 sides of the workshop
- 7 x 1 tonne cranes
- 3 x 0.5 tonne cranes
- Spray booths
- Vehicle wash bays
- Chemical storage room
- Parts spares warehouse
- Canteen
- Ample staff ablutions
- Staff turn styles
Features
Zoning
Industrial
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Power (Amps)
800
Exterior
Security
Yes
Sizes
Floor Size
6,728m²
Land Size
8,690m²
Extras
Investment Property
; 3 Lease with strong tenant in occupation
; Was originally a Putco Bus maintenance workshop
; Electricity 800amps
; Generator 500 amps
; Cranes
; Wash bays
; Welding plug
