This property is ideally located in "the heart of Cape Town's thriving Triangle Farm," a strategic industrial zone. The easy access to major arterial roads like the N1 and R101 further enhances its value for logistics and distribution businesses. The property offers a well-maintained warehouse and offices making it ideal for light manufacturing, storage and distribution.
Lease structure: Reputable , long standing tenant with a renewed 5-year Triple net lease. Tenant covers all operation costs: maintenance, rates and utilities.
Returns and Income: Strong annual income of approximately R590 000, offering a +- 8,5% net return
Set within a CID managed precinct, providing safety, cleanliness and consistent property upkeep.
Ideal opportunity to own an income generating property in a premium area