Commercial Property: Industrial

Fully tenanted Industrial Park – For Sale For Sale

R69 000 000
41-42 Discovery LaneCROWN CITYJOHANNESBURGGautengSouth Africa

Fully tenanted Industrial Park – For Sale For Sale

41-42 Discovery LaneCROWN CITYJOHANNESBURGGautengSouth Africa

Fully tenanted industrial park comprising of 24 x mini units ranging between 130 m2 and 490 m2 and 15 basement units ranging between150 m2 and 205 m2.
Gross income of ±R 632 500 per month ,enjoying a 16 % expense ratio, equating to a ±11% yield.
The park is of an excellent state of repair, sought after and well located, benefiting from a 100 % occupancy.
A more detailed income and expense breakdown is available from the agent.

Details

Property ID: 1314297 Property Type: Industrial Building size: 2000 m2 Land size: 2000 m2 Unit Number: none Complex Name: Crown City Industrial Park

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Contacts

Contact Dean Garzancich