5 Tenanted industrial units being sold in Hex Industrial located on a corner stand with separate access gates and private tenant yard space. Each unit features its own prepaid utility meters and 3-phase power.
The units are currently tenanted on various lease terms and rental rates while the property is generating approximately R40,000.00 ex. VAT rental income per month. The property has the potential to be an attractive investment but would require a level of repairs and renovations.
The property features:
- Separate Prepaid Meters in each unit (5)
- 3-Phase and Single Phase in each unit
- Each unit has it's own roller door access
- Roof Structure in good condition
- Property has camera and alarm systems installed
- Private access for each tenant
- Corner stand featuring good visibility and signage options
-Large road facing billboard
-Neighboring fuel station
-Easy access to main arterial roads
The property can be a Zero Rated transaction meaning no VAT will be charged on the purchase price. The asking price is R4,650,000.00 Excluding VAT. The rent role, rates and taxes bill and other operating costs are available on request.
For further information or to arrange a viewing, please contact me.