2 896 m² Industrial space in Vintonia
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 exits gates
-3-Phase power
-Split-section warehouse
Property details
- Listing number T4611163
- Property type Industrial
- Floor size 2 896 m²
- Rates and taxes R 9 974
- Levies R 22 365