Investment Warehousing For Sale - Phoenix

POA

Phoenix, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4728
Asking Price : POA
Ownership : Freehold
Land Size : 9654m²
Building Size : 5081m²


Description

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.

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Contact the Agent

Seamus Holmes » +27 82 806 4405
[email protected]

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Please Note 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.

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