Property Details
This industrial property in Silverton, presents a strong investment opportunity with high visibility, accessibility, and multiple income streams. Here’s a breakdown of its key highlights:
Property Overview: Location: Silverton (high traffic exposure), Accessibility: Close to Silverton railway station, municipal bus stop, Spar supermarket, and N4 freeway, Surrounding Properties: Similar industrial and commercial usage
Buildings & Features, Workshop Area: 400m² high-roof workshop, High roll-up entrance gate, Double-volume rear section, Ablution block, reception, storeroom, Currently leased to an automotive workshop, Parking for 8 vehicles
Residential Section: Old house converted into 3 rental units, Fully tenanted, Financials & Investment Potential, Total Rental Income: R59,000 per month, Annual Escalation: 9%, Approved Building Plans: Available for inspection, Audited Financials: Available on request, Potential Use Cases: Continue as an investment property with stable rental income, Convert for own use (storage, workshop, retail)
High-Visibility Location | Strong Rental Income | Versatile Use.
Don't miss this high-income investment opportunity in the heart of Silverton! Call today to arrange a viewing.