Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 3 180 000

Industrial Property for Sale in Kuleka

Kuleka, Empangeni
  • Erf Size 2 200 m²
    • m²: 2 200 m²
    • Hectares: 0.22 ha
    • Acres: 0.544 acres
Industrial Property for sale in Kuleka

*Empangeni Mini Factories Property Overview*

Located in the heart of Empangeni, this versatile property is designed to accommodate a variety of industrial needs. Currently divided into five mini-factories, the building offers flexibility for further division if required. The premises are fully fenced, enhancing security, and feature a driveway gate for easy access. Ample parking is available for all units within the fenced area, providing convenience for tenants and visitors alike.

Each factory unit is equipped with essential amenities, including private toilets, showers, and kitchenettes. Notably, four out of the five units feature garage door access, while one unit boasts a mezzanine level for additional space. A common toilet and shower facility is also located on the side of the building, available for all tenants.

### Property Specifications

- *Total Under...

*Empangeni Mini Factories Property Overview*

Located in the heart of Empangeni, this versatile property is designed to accommodate a variety of industrial needs. Currently divided into five mini-factories, the building offers flexibility for further division if required. The premises are fully fenced, enhancing security, and feature a driveway gate for easy access. Ample parking is available for all units within the fenced area, providing convenience for tenants and visitors alike.

Each factory unit is equipped with essential amenities, including private toilets, showers, and kitchenettes. Notably, four out of the five units feature garage door access, while one unit boasts a mezzanine level for additional space. A common toilet and shower facility is also located on the side of the building, available for all tenants.

### Property Specifications

- *Total Under Cover Area:* 1048m and sup2;

- *Land Size:* Approximately 2200m and sup2;

### Factory Breakdown:

- *Factory 1:*

- Size: 246m and sup2;

- Rental Income: R12,300

- *Factory 2:*

- Size: 246m and sup2;

- Rental Income: R12,300

- *Factory 3:*

- Size: 155m and sup2;

- Rental Income: R7,750

- *Factory 4:*

- Size: 170m and sup2;

- Rental Income: R8,500

- *Mezzanine Level:* 85m and sup2;

- Mezzanine Rental Income: R2,125

- *Factory 5:*

- Size: 146m and sup2;

- Consists of 6 Offices

- Rental Income: R7,300

### Financial Overview:

- *Total Potential Rental Income:* R50,275

- *With 15% VAT:* R57,816.25

- *Approximate Rates:* R2,275.00

- *Utilities:* Sewerage, water, and refuse removal are charged to tenants in addition to rent.

This property represents an excellent investment opportunity, offering both stable rental income and the possibility for growth in a well-established area.

Listing number: P24-115433415, Image number: 1
Listing number: P24-115433415, Image number: 2
Listing number: P24-115433415, Image number: 3
Listing number: P24-115433415, Image number: 4
Listing number: P24-115433415, Image number: 5
Listing number: P24-115433415, Image number: 6
Listing number: P24-115433415, Image number: 7
Listing number: P24-115433415, Image number: 8
Property Overview
Listing Number
115433415
Type of Property
Industrial Property
Listing Date
16 January 2025
Erf Size
2 200 m²
Rates and Taxes
R 2 275
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Brokers

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Brokers

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading