Property Details
This multi-unit industrial asset comprises five units and is currently fully let across four tenancies, offering an established income stream within a well-known industrial node. The property is currently generating annual rental income of approximately R1,300,329, making it an attractive consideration for investors seeking existing industrial income at an accessible price point.
The property offers approximately 2,031m2 GLA on an erf of 2,051m2 and is configured to support practical multi-user occupation. Three access points to the property, together with usable yard space, enhance circulation and day-to-day functionality across the site.
Power infrastructure adds further strength to the investment profile. Each unit is supplied with 100 amps, with an additional 150 amps available, supported by a substation on site. The property also benefits from fully automated access and electric fencing around the perimeter.
The property is well positioned within the established New Germany / greater Pinetown industrial area, offering convenient access to key arterial routes including the M19 and M13, while remaining well connected to surrounding industrial precincts.
This is a compelling opportunity for buyers looking to secure a fully let industrial asset with multiple income components, strong underlying functionality, and established positioning within New Germany.
Asking Price: R9,150,000 excl. VAT
Contact Ashish to arrange a private walkthrough and request the lease profile.
Property Features
- Property Type Industrial
- Building Size 2,001m²
- Stand Size 2,051m²
Other
- Three Phase Power
- Fibre Internet
- Easy Highway Access
- Industrial Space with Power
- Nearby Public Transport
- Power (3-phase)
- Roller Shutter Doors
Associated Costs
- Rates & Taxes ± 26251.47