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R 50 000 000

Industrial Property for Sale in Pinetown Central

Pinetown Central, Pinetown

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8 410 m²

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Tenanted investment property for sale central Pinetown R 50m ex vat.

This unique and central Industrial Park has 6 long term tenants and 10 units with yard,

security, plus 3 story office blocks (stand alone.)

All units are fully let giving revenue of R 468,365 pm with R 270,747 pm expenditure.

With gross costs deducted, annual net revenue before tax is R 4,904,693.40 pa. (10% CAP)

Easy access with gated security and there are 10 stand alone units with own access as

well as offices, reception, parking and storage. 6 Roller shutter doors 5m in height.

Each tenant is separately metered and pays water and electricity costs.

Unit sizes range from 300sm to 2,685sm in size.

Each office floor and each unit has its own kitchenette area as well as his and hers ablutions.

Long term leases are in place and all tenants are long standing tenants with renewals.

Three - phase electricity 250 amps.

Please complete the contact agent form on...

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Property Overview

Listing Number

113299043

Type of Property

Industrial Property

Listing Date

09 September 2023

Erf Size

8 995 m²

Floor Size

8410 m²

Facilities

Kitchens

Truck Access

Small Trucks

Roller Shutter Doors

Height of Roller Shutter Doors

5 m

External Features

Parking

Building

Building Name

DeBeer Park

Building Grading

B Grade

Height Of Roof

7 m

Height Of Eaves

7 m

Power Availability

Three Phase

Points of Interest

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