2,616m² Building For Sale in Kathu

R 81,600,000

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General Details
Description
Welcome to this exceptional commercial property with a blend of workshops and a convenient fuel station. This property offers endless possibilities for businesses looking to establish or expand their operations.

The workshops on the property are designed to cater to a range of industries and provide ample space for manufacturing, repairs, or any other industrial activities. Equipped with state-of-the-art facilities and versatile layouts, these workshops offer the perfect environment for businesses to thrive and innovate.

In addition to the workshops, the property features a well-equipped fuel station, providing a convenient solution for businesses and their employees. Whether it's refueling company vehicles or serving the broader community, the fuel station offers a reliable and profitable revenue stream.

Further enhancing the appeal of this commercial property is its strategic location. Situated in a high-traffic area, it ensures maximum visibility and accessibility, attracting a diverse customer base. This prime location not only benefits the existing businesses on the property but also creates opportunities for collaboration and increased footfall.

With its combination of workshops and a fuel station, this commercial property is an ideal investment opportunity. Whether you're a business owner in need of functional workspace or an investor looking to capitalize on this thriving market, this property offers the perfect blend of utility and profitability.

Don't miss out on the chance to unlock the potential of this commercial property. Contact us today to arrange a viewing and explore the endless possibilities it holds for your business ventures.

LEASES:

Forecourt & Retail Shop Lease: 10 Year Lease - 2029 (6 Years remaining)

Fuel Supply Agreement: 5 + 10 Year Agreement - ends 2034 (11 years remaining)

Unit 1 - 5 + 5 Year Lease Agreement - ends 2032 (9 years remaining)

Unit 2A - 5 + 5 Year Lease Agreement â?? ends 2032 (9 years remaining)

Unit 2B - 1 Year Lease Agreement (8 months remaining)

Unit 2C - Vacant (rental price @ R120.00/m2 x 374m2)

Unit 3 - 5 + 2 Year Lease Agreement â?? ends 2030 (7 years remaining)

Unit 4 - 1 + 1 Year Lease Agreement â?? ends 2025 (2 years remaining)



Property Reference #: LFPE-14935

Agent Details:
Heide Jardim
Leapfrog Property Group
Corrobay corner
Dallas road
Unit 5a
Menlyn
Pretoria

Id Subtitle 1264935506
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Estimated monthly repaymentR 884,305
Total property loan amountR 81,600,000
Total interestR 130,633,192
Total repaymentR 212,233,192
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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Leapfrog Property Group
Selling for 2+ years
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