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R 14 000 000

Commercial Property for Sale in Germiston South

  • Gross Lettable Area 5 243 m²
38 industrial lettable factory workshops and offices in Germiston south

This positive income generating commercial industrial property is located in south Germiston ext 4, the EFR size close to 10000 SQM, under roof lettable area is 5300 SQM.

THIRTY EIGHT fully occupied factory workshops & Offices are occupied by various tenants, the structures vary from small to large factory units.

Male and Female ablution for units that do not have toilet facilities. Internal maintenance of the property is in great condition.

Security patrols are done from 7pm at night to 7am. Tenants have free access to the property and can choose to work 24 hours.

a general tuck shop (paying tenant) on site to serve the tenants needs.

There 120 parking available of which 33 are under cover also catering for truck parking.

the area is very well secured with high rise walls.

Zoning - Industrial 2

Annual income (exc Vat) R3,504 000.00

Annual...

This positive income generating commercial industrial property is located in south Germiston ext 4, the EFR size close to 10000 SQM, under roof lettable area is 5300 SQM.

THIRTY EIGHT fully occupied factory workshops & Offices are occupied by various tenants, the structures vary from small to large factory units.

Male and Female ablution for units that do not have toilet facilities. Internal maintenance of the property is in great condition.

Security patrols are done from 7pm at night to 7am. Tenants have free access to the property and can choose to work 24 hours.

a general tuck shop (paying tenant) on site to serve the tenants needs.

There 120 parking available of which 33 are under cover also catering for truck parking.

the area is very well secured with high rise walls.

Zoning - Industrial 2

Annual income (exc Vat) R3,504 000.00

Annual expense (Exc Vat) R1,112 580.00

net annual income r2, 391 420.00

Income and expense summary on request. The property is Vat registered.

Call for a viewing!l

Listing number: P24-110477058, Image number: 1
Listing number: P24-110477058, Image number: 2
Listing number: P24-110477058, Image number: 3
Listing number: P24-110477058, Image number: 4
Listing number: P24-110477058, Image number: 5
Listing number: P24-110477058, Image number: 6
Listing number: P24-110477058, Image number: 7
Listing number: P24-110477058, Image number: 8
Listing number: P24-110477058, Image number: 29
Property Overview
Listing Number
110477058
Type of Property
Commercial Property
Description
Office
Listing Date
27 September 2021
Availability Date
16 September 2024
Erf Size
10 000 m²
Floor Size
10000 m²
Special Levy
R 0
Rates and Taxes
R 27 000
Zoning
General Industrial
Bathrooms
30
Parking
120
Gross Lettable Area
5243 m²
Green Building
No
Multi Tenanted
Yes
Standalone Building
Yes
Number of floors
1
Nearby Public Transport
Bus, Minibus Taxi
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