Industria North | Stand alone property for sale

R 8,000,000

Can I afford this?
11 months ago176 views
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General Details
Description
Investment opportunity!

Current tenant in for 3 year lease.

Well maintained and neat, free standing industrial facility measuring 2,139sqm under roof set on a 4,774sqm stand. The property comprises of a warehouse / factory, 126sqm paint store, two spray booths, 279sqm storage facility and 218sqm storage facilities with great access to the yard. Further equipped with offices, a welcoming reception area, board rooms, ablution facilities and change rooms.

The property is completed with 3phase 500KVA (720amps of power) Backup generator 120kva Backup Invertor 50kva. The warehouse has phenomenal height with roller shutter doors allowing for quick and easy access and there's a sprinkler system installed. Great security measures in place with CCTV, electric fencing surrounding the perimeter and there's night lights all around.

Backup systems serviced monthly at R7000pm

Rates and taxes on property R7 652,64 per month

Property Reference #: AS2139IN

Agent Details:
Andrew Sanderson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 1208168514
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
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API Property Group
Selling for 6+ years
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