ref # 12155

print
R 12 900 000

select a 2nd currency

mortgage calculator

20
± 4625 m2
± 3082m2
R 13260  / m

Investment property for sale - fully let

Fully let investment property for sale! 4 tenants occupy the property as it is divided into 4 separate sections. The property has ample customer parking in front facing the very busy Terrace rd on a corner. These units are very popular and rent out easily.

Total under roof area: 3,082m²
ERF: 4,625m²

TENANT 1:
Lease period - 3 years
Lease commencement : 01-Sept-22
Escalation: 9%
Rental: R30,500 / month

TENANT 2:
Lease period - 3 years
Lease commencement : 01-July-21
Escalation: 5%
Rental: R23,000 / month

TENANT 3:
Lease period - 2 years
Lease commencement : 01-Oct-21
Escalation: 8%
Rental: R23,700 / month

TENANT 4:
Lease period - 2 years
Lease commencement : 01-Sept-22
Escalation: 9%
Rental: R24,000 / month

Rates: R13,260-00 / month
Insurance: R3,024-00 / month

Contact APG today to secure your next COMMERCIAL or INDUSTRIAL space. Industrial and Commercial Property Specialists!



Message Agent