R6,500,000 | 1,784m² Warehouse For Sale in Sebenza

A fully occupied investment property is available for sale, boasting a prime location on a serene street in Sebenza with ample customer parking. The property features multiple tenants, enhancing its investment appeal. Tenant 1, on a one-year lease starting from March 2020, pays a monthly rent of R41,580 with CPI escalation, while Tenant 2, under a three-year lease starting from April 2023, pays R31,000 monthly with CPI escalation. The property offers a total under-roof area of 1,784m² on a spacious ERF of 2,974m², making it an attractive prospect for discerning investors. Monthly expenses include rates at R16,174 and insurance at R4,317.

This investment opportunity presents a fully let standalone property in Sebenza, promising steady returns with its diverse tenant portfolio. Situated on a tranquil street, the property boasts generous customer parking, adding to its appeal. Tenant 1, under a one-year lease since March 2020, contributes R41,580 monthly with CPI escalation, while Tenant 2, on a three-year lease commencing April 2023, pays R31,000 monthly with CPI escalation. With a spacious under-roof area of 1,784m² and an expansive ERF of 2,974m², this property offers ample space for various business activities. Monthly expenses, including rates of R16,174 and insurance of R4,317, ensure smooth operations and sustained profitability for potential investors.