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R 17 500 000

Industrial Property for Sale in Vintonia

Vintonia, Nelspruit

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2 896 m²

Contact Broker

Connor McFadyen

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Inter-link Friendly Warehouse with Large Yard and Offices for Sale

Presenting a rare commercial property in the Nelspruit Market for Sale. A large warehouse, with inter-link friendly access and throughfare. The warehouse features ample yard space, numerous offices and inter-link friendly delivery/dispatch area.

The property is currently up for rental at a net rental rate of R60.00/Sqm. Currently, the property is vacant and not generating rental. However, should you be looking at this property from an investment point of view, The property generates Aproxx. R173 000 per month income. Rates, taxes and utility are recovered by the tenant on a triple net lease as it is currently being marketed to the rental market. This rental amount roughly translates to 12% ROI at R17 300 000 purchase price.

Key Details:

- Large yard and inter-link throughfare

-Ample office space

-Additional 400 Sqm warehouse on-site

-Security booth

-Entrance and...

Listing number: P24-114322339, Image number: 1, Image

Listing number: P24-114322339, Image number: 2, Image

Listing number: P24-114322339, Image number: 3, Front Parking/ Reception

Listing number: P24-114322339, Image number: 4, 1 of 3 Under Roof Warehouse areas

Listing number: P24-114322339, Image number: 5, Back Warehouse Exit Roller Door

Listing number: P24-114322339, Image number: 6, Additonal Warehouse On-site

Listing number: P24-114322339, Image number: 7, Back Road

Listing number: P24-114322339, Image number: 8, Inter-Link Throughfare

Listing number: P24-114322339, Image number: 9, Dispatch/Delivery Area

Property Overview

Listing Number

114322339

Type of Property

Industrial Property

Listing Date

25 April 2024

Floor Size

2896 m²

Levies

R 22 365

Rates and Taxes

R 9 974

Points of Interest

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