Property description

PRICE EXCLUDES VAT

Investors, seize the opportunity to own a versatile industrial building in the secure and highly sought-after N4 Gateway Park. This spacious building, spanning over 1769 square meters, is currently divided into three sections, with two workshops and one storage area. It currently generates a combined rental income of R79,000 per month from two tenants, offering an estimated annual yield of approximately 6%. This impressive rental income makes this property a highly attractive investment opportunity. Furthermore, this building still has space available for a potential buyer to use a section of it for their own business, providing an additional income-generating opportunity. The building also features a 40 kva generator, powerful enough to supply the entire building, providing a convenient and reliable power source for all tenants. Additionally, the building boasts 13 bathrooms, providing convenience and comfort for tenants. Access to the building is easy, with direct access to the highway for trucks going in and out for deliveries. The building is also located in the very secure N4 Gateway Park, offering investors peace of mind and a secure investment. The first floor of the building features well-appointed offices, which can be accessed via an elevator, providing even more potential for additional income-generating opportunities. With an asking price of R15,000,000 including VAT, this property is an attractive investment opportunity for those seeking a high yield, secure and versatile industrial building with excellent rental income. Don't miss out on this unique opportunity, schedule your viewing today!