This property has successfully secured a reliable tenant for a three-year term, with an option for an additional three years. Located on 8th Avenue in Maitland, the unit boasts approximately 710 sqm on the ground level and another 710 sqm on the first floor. It features well-equipped kitchen and restroom facilities throughout.
The space includes roller shutter access, 150 amps of three-phase power, and the flexibility to divide it into two separate rental units, presenting future potential for increased revenue. The sale also includes 14 designated parking spaces, providing an immediate return of around 8.5% after expenses.
Price excludes VAT. Please contact Melissa to arrange a viewing
Features
Zoning Industrial
Monthly Rates R1.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,432m²
Land Size 1,432m²
Power 3 Phase Yes
Power Amps 200