Lea Glen, Roodepoort, Gauteng ID 927582
Workshop
6728m2
8690m2
INVESTMENT PROPERTY: - Tenanted with a 3 year lease in place. - Total Rental income over 3 years is R7 786 743, plus Vat. - Selling Price is R18 500 000 (Zero Rated Transaction) - Yield is 11.8% PROPERTY FEATURES: - Office space is approximately 15% of the total space - Workshop space is approximately 85% of the total space - Truck access from 2 sides of the premises - Workshop roof height is approximately 6 metres to eaves - 3 phase electricity of 800amps - Generator of 500amps - Number of welding plugs - There are several on-grade roller doors, situated on 2 sides of the workshop - 7 x 1 tonne cranes - 3 x 0.5 tonne cranes - Spray booths - Vehicle wash bays - Chemical storage room - Parts spares warehouse - Canteen - Ample staff ablutions - Staff turn styles
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