1,111m² Factory For Sale in Airport Industria

R8,400,000

36 MANHATTAN

Web Ref No CL8571

FOR SALE: FULLY LEASED INDUSTRIAL PARK IN AIRPORT INDUSTRIA - PRIME INVESTMENT OPPORTUNITY

This well-maintained industrial park, set on an erf of 1,803 sqm with a GLA of 1,111 sqm, features four fully leased units:

Units 1 & 2: 564 sqm combined
Unit 3: 275 sqm
Unit 4: 272 sqm
A standout feature is the additional income from a long-term MTN tower lease, enhancing the investment appeal with steady revenue.

With all tenants on long-term leases and significant potential for rental growth, this property offers excellent value with a cap rate of 9.5%.

Don't miss out on this lucrative opportunity-contact me today to arrange a viewing!

Features

Title Freehold
Zoning Industrial
Monthly Rates R7,336.53pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,111m²
Land Size 1,803m²