5 000 m² Industrial space in 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 has witnessed substantial growth, with buildings undergoing uplifting transformations. Priced at R28 million, this property represents a significant opportunity for investors seeking stable returns in a flourishing commercial district.

This property presents a rare chance to acquire a substantial industrial asset in an area poised for further development. For those looking to expand their investment portfolio or seeking a high-yield opportunity, this property holds immense potential. Get in touch with us today to schedule a viewing and explore the myriad possibilities this property offers for your investment aspirations.

Contact Rob today to view.