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R 10 480 000

Industrial Property for Sale in Laboria

Laboria, Polokwane

Contact brokers for street address

2 900 m²

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A rare find in an older Industrial area on a MASSIVE 5801m² stand

WELCOME to this solidly built & very impressive Industrial stand that actually makes business sense.

This selling price is what your would've paid if you built these units by yourself 10 years ago.

Calculating the price of this stand was:

Workshops built at R2 370,00 per m² of which there is 2550m².

Office built at R6 750,00 per m² of which there is 350m².

Then the stand is priced at R1 156 000,00.

You know if you've been in the market looking for an amazing investment that this is it.

This makes business sense & we haven't even started discussing the rental income.

R48 plus VAT per m² is what the units are being rented at

There are 3 different sizes available 75m²/ 150m² & 300m²

20 of these units are available & currently only 3 are not occupied.

Only the industrial workshops can bring in an income of R122 400,00 + VAT.

Then 3 offices,...

Listing number: P24-111342465, Image number: 1

Listing number: P24-111342465, Image number: 2

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Listing number: P24-111342465, Image number: 5

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Property Overview

Listing Number

111342465

Type of Property

Industrial Property

Description

Warehouse, Storage, Office

Listing Date

08 June 2022

Erf Size

5 801 m²

Floor Size

5801 m²

Rates and Taxes

R 40 000

Zoning

Heavy Industrial

Facilities

Bathrooms

Kitchens

Warehouse Space

2900 m²

Truck Access

Small Trucks

External Features

Parking

Yard Space

5801 m²

Building

Gross Lettable Area

2900 m²

Green Building

Multi Tenanted

Yes

Facing

Street Front

Natural Light

Yes

Power Availability

Three Phase

Other Features

Wheelchair Accessible

Yes

Generator

Backup Water

Points of Interest

Bond Calculator

*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.