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POA

Industrial Property for Sale in Maitland

25 Eighth Avenue, Maitland, Cape Town

815 m²

Contact Broker

Olav Aadnesgaard

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Investment Property For Sale Maitland

This stand-alone investment property in Maitland offers excellent returns and a secure setup, making it an ideal opportunity for savvy investors. With two tenants in place, the leases extend until 2027, ensuring consistent income with rental escalations from April 2025.

Property Details:

- Building size: 810m²

- Erf size: 1,365m²

- Double-story office component at the front of the building

- Double-volume warehouse at the back occupied by the second tenant

- Large roller shutter door for easy access

- Shared entrance and private fenced yard with an electric gate

- Shaded parking for tenant convenience

Financials:

- Current rental income: R54,603 per month (escalating from April 2025)

- Monthly expenses: Approximately R9,500

- Excellent yield with secure long-term leases