The property is situated on a corner stand, including Auret, Betty and Park Streets and is conveniently located close to the M2 Freeway. The building measures approximately 3900m2 and is selling for R9 900 000, plus vat. The property is best suited for an owner occupier who would occupy the 2600m2 vacant warehouse space and enjoy the R45 000, plus vat monthly rental, from the tenant in occupation of the 1300m2 warehouse space. The rates are R15 412 per month. The purchase may be a zero-rated transaction, meaning no transfer duty or vat would be paid, as a portion of the space is tenanted, therefore the purchaser is buying a going concern.
The building comprises of 3 floors;
Ground Floor: Is vacant and measures approximately 1300m2, with 1 roller door with truck access, yard, kitchen, ablutions and flexible office space.
First Floor: Is vacant and measures...
The property is situated on a corner stand, including Auret, Betty and Park Streets and is conveniently located close to the M2 Freeway. The building measures approximately 3900m2 and is selling for R9 900 000, plus vat. The property is best suited for an owner occupier who would occupy the 2600m2 vacant warehouse space and enjoy the R45 000, plus vat monthly rental, from the tenant in occupation of the 1300m2 warehouse space. The rates are R15 412 per month. The purchase may be a zero-rated transaction, meaning no transfer duty or vat would be paid, as a portion of the space is tenanted, therefore the purchaser is buying a going concern.
The building comprises of 3 floors;
Ground Floor: Is vacant and measures approximately 1300m2, with 1 roller door with truck access, yard, kitchen, ablutions and flexible office space.
First Floor: Is vacant and measures approximately 1300m2, with excellent natural light, 2 roller doors with truck access, yard, ablutions and flexible office space.
Second Floor: Is tenanted by an embroidery company and measures approximately 1300m2. The tenant is paying a monthly rental of R45 000, plus vat.
Also includes a goods hoist, 300 amps of electricity, a generator, heavy floor load capacity and is suitable for warehousing of cars, machines and products.