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2,616m² Building For Sale in Kathu
R 81,600,000
Can I afford this?13 Photo(s)
2 months ago150 views
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General Details
Location:
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
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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No. of years
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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
Total Ads1.21K
Active Ads1.21K
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Commercial Property With Warehouse In Kathu, Northern Cape On AuctionProperty Reference Nr: DP2643ONLINE AUCTION TUESDAY 28 MAY 2024 10:00 - 12:00This industrial property in Kathu, Northern Cape, offers a range of features ideal for a business looking for a well-equipped and secure space. The workshop includes two overhead cranes, providing excellent functionality for various industrial needs.The property also includes comfortable accommodation for staff, with six bedrooms and shared bathroom facilities. A shared kitchen is available for staff use, adding convenience to daily operations.The office space is versatile, with two private offices and an open-plan area on the first floor, complete with two bathrooms and a kitchen. The ground floor offices offer an open-plan layout, two bathrooms, and a mini kitchen.Additionally, the property features covered parking inside, two security gates for controlled access, and an entrance foyer in the office area, enhancing the professional and secure nature of the premises.Features:Workshop with 2 overhead cranesSix staff bedrooms with shared men's and ladies' bathroomsShared kitchen for staff useTwo private offices and open-plan office area on the first floorTwo bathrooms and a kitchen for the first-floor officesBoardroom with outdoor braai and patioGround floor offices with open-plan layout, two bathrooms, and a mini kitchenCovered parking insideTwo security gates for access to the premisesEntrance foyer in the office areaFor businesses seeking a well-equipped industrial property in Kathu, Northern Cape, this offering presents an excellent opportunity. Contact us for more information or to arrange a viewing."Price is just an indication. 10% Deposit payable on offered amount. Information provided as received from Seller. Neither the Agent nor the Seller warrants or guarantees the correctness of any information provided whatsoever. T & C’s apply. Please send ID and proof of residence with offer."
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