Dal Josafat, Paarl, Western Cape ID 1279344
Warehouse
346m2
(Exclusive Sole Mandate) An excellent opportunity for investors to acquire two connected industrial units (346m² total) with a reliable tenant and solid rental income in place. Property Overview: • 346m² combined floor space (two connected units) • Roller shutter door linking both units for flexibility • Includes a R200,000 Victron solar system (energy savings) • Fibre internet installed • Alarm system & CCTV for added security • Ample secure private parking for tenants (a significant value-add) Financial Highlights: • Gross Rental Income: R23,261.80/month (until 31 August 2025) • Escalating to R24,890.12/month (1 Sept 2025 – 31 Aug 2026) • Rates & Taxes: R2,338.00/month • Levies: R5,315.00/month (covers building insurance & external maintenance) • Gross Yield: 11.27% • Net Yield: 7.81% (Net Yield calculation based on Gross Rental minus Rates & Taxes and Levies only. It excludes other ownership costs such as internal maintenance, property management, and audit fees.) Investment Highlights: • Immediate passive income with a secure lease in place • Low-maintenance property with premium infrastructure • Energy-efficient setup reduces tenant operating costs • Security systems and fibre connectivity already installed • Secure parking enhances tenant retention • Prime industrial location with excellent accessibility Enquire today to secure this high-performing industrial asset and add a quality investment to your portfolio. Please note: The purchase price of R2,650,000 excludes VAT. The property is currently owned by a VAT-registered company.
eXp Realty
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