R 8 000 000
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1 111 m² Industrial space in Airport Industria
1 803 m²
1 111 m²
This well-maintained industrial park, set on an erf of 1,803 sqm with a GLA of 1,111 sqm, features four fully leased units:
Units 1 & 2: 564 sqm combined
Unit 3: 275 sqm
Unit 4: 272 sqm
A standout feature is the additional income from a long-term MTN tower lease, enhancing the investment appeal with steady revenue.
With all tenants on long-term leases and significant potential for rental growth, this property offers excellent value with a cap rate of 9.5%.
Don''t miss out on this lucrative opportunity-contact me today to arrange a viewing!
Property details
- Listing number T4771568
- Property type Industrial
- Listing date 2 Sep 2024
- Land size 1 803 m²
- Floor size 1 111 m²
- Rates and taxes R 7 337
- Levies R 1