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 6 850 000

Industrial Property for Sale in Maitland

25 8th Avenue, Maitland, Cape Town

850 m²

Contact Broker

Lorenzo Fisher

Show Contact Number

Stunning 1365m² building for sale in Maitland, Cape Town—ideal for investment

We are pleased to offer a prime investment opportunity in Maitland, a well-established industrial area with strong demand for versatile properties. This property, priced at R6,850,000, provides a generous 1,365m2 ERF, which includes 850m2 under roof and an additional 312m2 yard—an exceptional asset in this location. The property’s strategic positioning and size make it an attractive option for investors looking for long-term value and high yields.

Financially, the property offers impressive returns with a current monthly income of R57,098 and an 8.5% rental escalation in April, boosting future returns. Post-escalation, the CAP rate exceeds 9%, ensuring a solid return on investment. The property is zoned MU2, offering flexibility for various uses and future development. With a weighted average lease expiry (WALE) of 1.5 years, this asset provides stability while...

Listing number: P24-115412207, Image number: 1, Image

Listing number: P24-115412207, Image number: 2, Image

Listing number: P24-115412207, Image number: 3, Image

Listing number: P24-115412207, Image number: 4, Image

Listing number: P24-115412207, Image number: 5, Image

Listing number: P24-115412207, Image number: 6, Image

Listing number: P24-115412207, Image number: 7, Image

Listing number: P24-115412207, Image number: 8, Image

Listing number: P24-115412207, Image number: 9, Image

Property Overview

Listing Number

115412207

Type of Property

Industrial Property

Street Address

25 8th Avenue, Maitland

Listing Date

13 January 2025

Erf Size

1 365 m²

Floor Size

850 m²

Rates and Taxes

R 5 200

External Features

Parking

Building

Height Of Eaves

4 m

Power Availability

Three Phase

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.