3507m2 Warehouse & Yard For Sale in New Germa

R5,600,000.00

New Germany, Highway Areas, Kwazulu Natal

Property Information

CODE : PP6179
Asking Price : R5,600,000.00
Ownership : S/Title
Building Size : 3507m²


Description

The subject property is situated in New Germany

Property specs:


- 4 Factories for sale with 950sqm of land.

Unit 1- Fibre to Fashion, 150sqm at R58.00 per sqm. We have a month to month arrangement. An extremely good tenant who pays early.
Unit 2 - Aquamanzi, 120sqm at R58.33 per sqm. We also have a month to month rental agreement. He is wanting to move into unit 4 when it becomes available. He is also a great tenant.
Unit 3 -Approved Motors, 224sqm at R55.00 per sqm. The lease agreement is up in June but they will most probably renew. Great tenant as well.
Unit 4- Ramutsa Rail, 159sqm at 54.72 per sqm. The lease agreement is up in June and I have given them notice as they were a difficult tenant.
Vacant Land - 950sqm and I could get R13.00 per sqm. water is available with a meter.

Rates at the moment are R8200/pm however this is going up in June.

Water and Electricity are covered by the tenants besides a few spotlights.

The building itself has showers and a small room which was previously the change room.

All units have prepaid water and three phase electricity prepaid meters.

Please feel free to request the plans for the development of the land

Image Gallery

Contact the Agent

Matthew Hayter » ++27 82 569 1765
[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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