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POA

Industrial Property On Auction in Lansdowne

27 Flamingo Cres, Nerissa Estate, Cape Town, 7780, South Africa, Lansdowne, Cape Town

2 030 m²

AUCTION

Contact Broker

Tom King

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Auction: 27 Flamingo Crescent, Nerissa Estate

This prime industrial property offers an exceptional investment opportunity, generating a strong gross annual income of R1,583,400. The property features a head lease for all four units, with three reliable tenants in place, ensuring consistent cash flow and reduced vacancy risk. Zoned as General Industrial 2, the property is well-suited for a wide range of industrial and commercial uses, offering great versatility for future tenants or potential expansion. The strategic location, just 5 minutes from the M5 highway, guarantees excellent connectivity to major transport routes and a steady flow of business activity.

The property's prime exposure along Turfhall Road further enhances its visibility, making it an ideal location for high-traffic industrial or retail businesses. Whether you're looking to expand your property portfolio or secure a long-term income stream,...