Property features

R 7 500 000
0 Bedrooms
0.0 Bathrooms
0 Living Room/s
Garage for 0 car/s
Rates R10000 pm
No Pets

Property Details

Two fantastic industrial properties at over 11 000 square meters each, offering 92 various storage units and plenty of room for further development. Designed to be low-maintenance and maximise returns, the property consistently boasts a rental occupancy rate of +-95% all year round, along with the additional income of a telecoms high mast tower and a two-bedroom managers cottage. A brilliantly well-established investment, ready to go and offering immediate returns.

PROPERTY DESCRIPTIONS:

STAND 1:
• Land Area: 1.147 Hectares / 11,147 sqm
• Building Area Used: 1,371 sqm
• Features:

High mast tower on property
Large automated vehicle gate
Open on one side with adjoining stand
Solar panels with 1.1 KVA inverter and battery backup
• Buildings:
BLOCK E STORAGE UNITS (E3-E11): 527 sqm
BLOCK G STORAGE UNITS (G1-G12): 566 sqm
BLOCK F STORAGE UNITS (F1-F9): 92 sqm
?- COTTAGE: 86 sqm, 2 x bedrooms, 1 x bathroom, kitchen, lounge, veranda, and carport

STAND 2
• Land Area: 1.169 Hectares / 11,169 sqm
• Building Area Used: 1,928 sqm
• Features:

Automated vehicle gate
Open on one side with adjoining stand
?•? Buildings:
BLOCK D STORAGE UNITS (D1-D6; D22-D27): 416 sqm
BLOCK D STORAGE UNITS (D28-D36): 603 sqm
BLOCK D STORAGE UNITS (D37-D43): 67 sqm
BLOCK C STORAGE UNITS (C1-C10; C57-C66): 428 sqm
BLOCK B STORAGE UNITS (B57-B66): 216 sqm
STEEL SHED STORAGE UNIT: 218 sqm
TOP SHED CENTRAL STORAGE UNIT: 81 sqm

Not to sound too cliche, rarely do opportunities such as this become available. Well-priced and with so much on offer, these two properties pretty much sell themselves.

NOTE: Asking price is exclusive of VAT.

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Jason Redinger

Harcourts Zululand

0780951876

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Harcourts Zululand

0357890055

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