Excellent investment consisting of 5 separate industrial units and yard space.
Good visibility and a busy traffic area.
Each unit is under 100 sqm.
The properties are built on 2 properties on the Kirstenhof side of Military Road, just before the railway crossing.
The Erf’s are registered separately and are held in a private capacity.
These properties are 1170 sqm with a General Industrial 2 zoning.
The zoning will allow for industrial units and motor repair shops.
Currently, all the units are tenanted with short term leases. All the current tenants are keen to extend their lease.
There is potential to increase the rentals to a market related rental.
Alternatively, this is an ideal property for development, as there is plenty of bulk available.
Or these are ideal premises for an owner occupier.
There are pre-paid electricity meters, in each unit, plus one pre-paid water main, for all the units.
Phase 3 power in all the units
The property is on the market for R 3, 9 million cash. This is a transfer duty transaction, not a VAT transaction.
Viewing is strictly by appointment only.
If you are interested in viewing this property, call Frances to arrange a viewing, or to discuss any industrial/commercial or retail property requirements that you may have.
Frances-Gray Mnukwana is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, a franchise of RE/MAX SA. Each Office Independently Owned and Operated.
