Property features

R28 000 000

Property Details

Large 5000m2 fully tenanted building situated on a 5790m2 Erf, located in the popular Nerissa Estate, Lansdowne. Take advantage of a high yielding investment property with tons of potential. All leases are secured until 2026 and offer a handsome monthly rental with 10% escalation. The building is in good condition and there is remaining bulk if one wanted to increase the earning capabilities. The property is zoned General Industrial 2. Nerissa Estate is a thriving industrial/retail hub located in the Southern Suburbs and has great access to main transport links. Please contact Justin Thane to enquire about this property and ask for the yield analysis.