Property features

R8 500 000
Rates R55000 pm

Property Details

Self Storage facility on 9,900 sqm plot with a total GLA of 3,500 sqm. Property comprises of a number of blocks of individual drive up garages and shared office space comprising of a total of 300 rentable units including 30 covered long-term parking bay for vehicles/boats/trailers. Facility is extremely well maintained and operates on a 24/7 basis. Purchase price includes fixtures and fittings. Purchase price exclusive of VAT. Sale of a going concern including fixtures and fittings and transfer of staff. Current occupancy rate is 33% with significant room to maximise rental income. Situated in a secure area of Duncanville with major national retailers / manufactures / distribution centres situated in close proximity. Further information may be dislosed subject to signature of NDA. Purchase price excludes generator and backup power system valued at R 1.5mil.