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417m² Factory For Sale in Red Hill
R 4,300,000
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General Details
Location:
Description
LOCALITY
This property is ideally accessed from Chris Hani Road (the old North Coast Road), and is located on Rinaldo Road, the area is well established with light to medium industrial property and is a short distance from the N2 Freeway off-ramp. These units are in demand and have great occupancy levels.
PRIMARY USE
This property enjoys 3 parking’s, plus visitors parking and has excellent security. The total property area size is 417m² it has a reception with double door entrance, front shop retail area with double door entrance, two large printing production areas, with staff ablutions and 2 large office space upstairs with ablutions.
The approximate dimensions as follows:
Admin office upstairs = 68m2
Reps office upstairs
Height – 2.430
Length – 5.550 x 5.170 = 28.69m2
Office Downstairs
Height- 2.390
Length – 5.470 x 2.670 = 14.60m2
Reception/ Retail Downstairs
Height- 2.540
Length – 9.300 x 3.600 = 33.48m2
Toilet/Change room Downstairs
Height 2.360
Length 4.750 x 3.600 = 17.10m2
Factory Size = 255m
There is a tenant in place that would want to extend their lease for a further year from transfer.
Property Reference #: TPC500
Agent Details:
Charlene Van Den Bergh
Tyson Properties
Shop 9A Chartwell Centre
15 Chartwell Drive
Umhlanga
This property is ideally accessed from Chris Hani Road (the old North Coast Road), and is located on Rinaldo Road, the area is well established with light to medium industrial property and is a short distance from the N2 Freeway off-ramp. These units are in demand and have great occupancy levels.
PRIMARY USE
This property enjoys 3 parking’s, plus visitors parking and has excellent security. The total property area size is 417m² it has a reception with double door entrance, front shop retail area with double door entrance, two large printing production areas, with staff ablutions and 2 large office space upstairs with ablutions.
The approximate dimensions as follows:
Admin office upstairs = 68m2
Reps office upstairs
Height – 2.430
Length – 5.550 x 5.170 = 28.69m2
Office Downstairs
Height- 2.390
Length – 5.470 x 2.670 = 14.60m2
Reception/ Retail Downstairs
Height- 2.540
Length – 9.300 x 3.600 = 33.48m2
Toilet/Change room Downstairs
Height 2.360
Length 4.750 x 3.600 = 17.10m2
Factory Size = 255m
There is a tenant in place that would want to extend their lease for a further year from transfer.
Property Reference #: TPC500
Agent Details:
Charlene Van Den Bergh
Tyson Properties
Shop 9A Chartwell Centre
15 Chartwell Drive
Umhlanga
Id Subtitle 1253462495
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Estimated monthly repaymentR 46,600
Total property loan amountR 4,300,000
Total interestR 6,883,857
Total repaymentR 11,183,857
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Tyson Properties
Selling for 6+ years
Total Ads360
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