Investment Warehousing For Sale - Phoenix
Phoenix, Durban Metropolis, Kwazulu Natal
|Asking Price :||POA|
|Land Size :||9654m²|
|Building Size :||5081m²|
The subject properties are situated in Phoenix described as ERF 40 and ERF 165 of Phoenix industrial, measuring 6402m2 and 3235m2 respectively.
Currently yielding a 9.5% return on an 8% annual escalation, the subject leases expire 28 February 2020.
Projected Net income of R3 325 861,00 for 2018
Serious investors only.
Contact the Agent
Seamus Holmes » +27 82 806 4405
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.