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307sqm Warehouse Property Investor Opportunity in Cornubia.
R 3,630,000
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General Details
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Description
Tyson Properties Commercial is pleased to list this warehouse for sale in Cornubia.. an ideal investor property opportunity as both are tenanted.
The warehouses are availability for sale separately as well.
Combined sale price is R3,630,000. Transfer duty is payable.
The combined rental is R41,740 (ex.vat)
Rental warehouse 1 :
Sale Price : R1,680,000
R15,730 pm til 30 June 2024
Rental warehouse 2 :
Sale Price: R1,950,000
R22, 513-50 pm til 31 July 2024
Combined:-
Rates : R13,021
Levy : R4436
Electricity & Water : R1933
Tenant leases in place until 30 June 2024 and 31 July 2024.
The warehouses are next to one another.
Unit sizes: 143m2 and 164m2
The combined warehouses size is 307m2.
* Roller Shutter Door each
* 2 Parking Bays plus a loading zone each
* 3 Phase Power
* 24HR Security
* Close to N2 & N3 freeways
For more info, please contact Liz Savage.
Let’s Talk..!!
Operating in terms of a franchise agreement with TYSON PROPERTY HOLDINGS (PTY) LTD.
Property Reference #: TPC395
Agent Details:
Liz Savage
Tyson Properties
Office 1 Station Building
Lion Match Office Park
892 Umgeni Road
Durban, 4001
The warehouses are availability for sale separately as well.
Combined sale price is R3,630,000. Transfer duty is payable.
The combined rental is R41,740 (ex.vat)
Rental warehouse 1 :
Sale Price : R1,680,000
R15,730 pm til 30 June 2024
Rental warehouse 2 :
Sale Price: R1,950,000
R22, 513-50 pm til 31 July 2024
Combined:-
Rates : R13,021
Levy : R4436
Electricity & Water : R1933
Tenant leases in place until 30 June 2024 and 31 July 2024.
The warehouses are next to one another.
Unit sizes: 143m2 and 164m2
The combined warehouses size is 307m2.
* Roller Shutter Door each
* 2 Parking Bays plus a loading zone each
* 3 Phase Power
* 24HR Security
* Close to N2 & N3 freeways
For more info, please contact Liz Savage.
Let’s Talk..!!
Operating in terms of a franchise agreement with TYSON PROPERTY HOLDINGS (PTY) LTD.
Property Reference #: TPC395
Agent Details:
Liz Savage
Tyson Properties
Office 1 Station Building
Lion Match Office Park
892 Umgeni Road
Durban, 4001
Id Subtitle 1231596745
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Estimated monthly repaymentR 39,339
Total property loan amountR 3,630,000
Total interestR 5,811,256
Total repaymentR 9,441,256
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 3+ years
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