An investment opportunity like this - comes around once.

R 15,250,000

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1 year ago385 views
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Description
This stunning brand-new Light Industrial Property is for sale in the beautiful city of George on the Garden Route.

*** Photos Updated as construction nears an end ***
Phase 1 is now completed - Foundations for Phase two have been cast and the roof nears completion - see the latest photos.

This investment opportunity is in the Tamsui Industrial area of George, with easy access to the N2, Airport, George, or the Garden Route. Tamsui is the highest-demand business address in George, combining Industrial, Commercial, and Light manufacturing businesses in a clean well-managed area.
These premises overlook a green belt across the Outeniqua Mountain range. Beautiful!

This newly developed 4255 sq meter of Industrial land will be completed at the end of 2022.

Phase 1 - Completed December 2022. This phase consists of:

A separate Industrial Building at the road-front consisting of:

- a 1650 sq meter building located on the street front. The upper floor has street-front parking and will be used as a large office space or for your needs.

- Below the office floor are 4 (four) individual buildings consisting of warehouse space / small factories that can be converted as needed. Each unit has a large rolling door and entrance door plus bathroom facilities.

This area and Phase two are accessible from an entrance in the South with a guard house (if needed).

Phase 2 - Groundworks have started and should be completed at the end of April 2023 - see the enclosed photos.

- The area consists of a 1200 sq meter building at the back of the property with the possibility to either use or market it as:

* Three Spaces totalling 1200 sq metres - each with own bathrooms, security, doors and roll up doors are available.

The 1200 sq meter building can be utilized for your own Industry/business or can be rented out.

There is a large yard with ample parking and loading space, and the premises are fully fenced. This is a high-income lettable investment property.

This property will be securely fenced with easy access for deliveries. The completed two buildings will have 80-amp three-phase power with an upgrade possibility to 120-amp with extra solar power. A storage area for the catchment of energy will also be built for a secure battery storage area.

Don't miss out! Call to arrange your private viewing now!

Property Reference #: CL314

Agent Details:
Cassie Nel
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530

Id Subtitle 1135585349
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Estimated monthly repaymentR 165,266
Total property loan amountR 15,250,000
Total interestR 24,413,679
Total repaymentR 39,663,679
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