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R 28 000 000

Industrial Property for Sale in Nerissa Estate

17 Polaris, Nerissa Estate, Cape Town

5 000 m²

Contact Broker

Robert Odendaal

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Introducing a prime investment opportunity in the heart of Nerissa Estate

A sprawling 5000m2 industrial property situated on 5800m2 of sought-after real estate. These free-standing buildings offer unparalleled exposure onto Jan Smuts Avenue, ensuring maximum visibility and accessibility for potential businesses looking to thrive in a bustling location.

The property comes with the advantage of five long-term tenants, each secured with approximately 3 years remaining on their leases. This stability guarantees consistent income streams, ensuring financial security for the foreseeable future. Additionally, an eye-catching billboard on the premises not only enhances visibility but also generates extra revenue through advertising, supplementing the already robust monthly rental income of approximately R250,000.

Located in a rapidly developing area, this property is amidst a landscape of growth and revitalization. The surrounding neighborhood...

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Property Overview

Listing Number

113735215

Type of Property

Industrial Property

Street Address

17 Polaris, Nerissa Estate

Listing Date

05 December 2023

Floor Size

5000 m²

Furnished

Optional

Points of Interest

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