Industrial space in Vredelust
3 Industrial units for sale in very central location in Kuils river Industrial.
Unit 15 - 130m2 with R8000 rental currently
Unit 16 - 131 m2 with R8500 rental currently
Unit 17 - 130 m2 With R8000 rental currently.
All leases expire end February 2025 and will then escalate and go month to month.
New rental contracts can be negotiated by the buyer / management agent on behalf of the buyer.
Total income of around R27 000 - R30 000 per month plus vat is achievable with some minor renovations.
Unit are ideal for an investor or owner occupier looking to occupy one or more of the units.
Excellent growth potential in the area.
Unit 15 has 3 phase power.
Unit 16 was recently upgraded, with new roller shutter door and floors installed.
Small sectional title complex with 11 units total.
All 3 units are owned by a company and the owner is willing to negotiate a discount with a cash buyer who buys over the shares in the company.
Don''t miss this excellent investment opportunity.
Contact me to arrange a viewing or to discuss.
Note. All rentals and the Sales price exclude VAT
Property details
- Listing number T4832255
- Property type Industrial
- Listing date 18 Oct 2024
- Land size 391 m²
- Rates and taxes R 1 968
- Levies R 3 877
Property features
- Open parking 1