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R 6 000 000

Industrial Property for Sale in Maitland

Maitland, Cape Town

Contact brokers for street address

656 m²
- m²: 656 m²
- Hectares: 0.066 ha
- Acres: 0.162 acres

Contact Brokers

Fully Tenanted Industrial Building With Great Yields

Accepting Offers.

DESCRIPTION:

This face brick three floor industrial building is set in the heart of sought after Maitland, with quick access onto all the major motorways makes this the desired investment. This is a sound property investment as the tenants have been there for over 10 years.

TENANT 1 GROUND FLOOR:

Rental - R17 850.00pm

Pre-paid electricity

Lease till September 2025

TENANT 2 FIRST FLOOR:

Rental - R15 280.00 pm

Pre-paid electricity

Lease till September 2025

TENANT 3 SECOND FLOOR:

Rental - R22 145.00pm

Pre-paid electricity

Lease till September 2025

GENERAL:

Face-brick - low maintenance

Total income - R56 275.00 pm

Expenses - R4 325.00 pm

Nett income - R51 950.00 pm

Ample parking

Each floor +- 600m2

Zoning - MU2

DETAILS:

• Erf No: 106078, Cape Town

• Erf Size: 656m²

DISCLAIMER:

The information supplied in this advert does not constitute a...

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Property Overview

Listing Number

114552871

Type of Property

Industrial Property

Listing Date

19 June 2024

Erf Size

656 m²

Rates and Taxes

R 1 400

Points of Interest

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