Investment property for sale - fully let
Fully let investment property for sale! Main tenant is a reputable vehicle repair/enhancement business with a clean operation. There is a small take-away tenant in the corner of the building leasing a small section. The property has ample customer parking in front facing the very busy Terrace rd.
Total under roof area: 700m²
ERF: 1,190m²
TENANT 1:
Lease period - 3 years
Lease commencement : 01-March-23
Escalation: 6%
Rental: R22,000 / month
TENANT 2:
Lease period - 3 years
Lease commencement : 01-Aug-22
Escalation: CPI
Rental: R5,100 / month
Rates: R7473-00 / month
Insurance: R1,212-00 / month
Contact APG today to secure your next COMMERCIAL or INDUSTRIAL space. Industrial and Commercial Property Specialists!
+27 (0)82 880 5532
+27 (0)11 974 1055
raymond@assetpg.co.za
raymond@assetpg.co.za
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