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Merrivale - Investment property for sale

Merrivale

R1,500,000 plus VAT

Listing Number: KHT32569
About this listing
Situated in the heart of the industrial area, Merrivale. This property has endless opportunities!
50 % of the property is tenanted with 50% available for an end user, alternatively the remaining space can also be leased out creating a fantastic investment.
Property Information
  • Land Size: 1360 sqm
  • Tenure: Freehold
  • Property Type: Warehouse, Vacant, Tenanted Investment
  • Property Features: Four warehouses measuring 450 m2 in total Two of the four warehouses have leases in place Three phase power Situated in the heart of Merrivale's industrial area, Level Number: Ground
  • Floor Area
    • Warehouse Square Metres: 450
  • Tenancy 1: Area Sqm: 135, Commencement Date: 2017-09-01T00:00:00.0000000, Expiry Date: 2018-08-31T00:00:00.0000000, Rental net/gross p.a.: 5937120, Rights of Renewal: Renews annually, Term (years): 1
  • Tenancy 2: Area Sqm: 90, Commencement Date: 2017-03-01T00:00:00.0000000, Expiry Date: 2018-02-28T00:00:00.0000000, Rental net/gross p.a.: 3772944, Rights of Renewal: Renews annually, Term (years): 1

Agent Details

10 Hilton Avenue
Hilton
Hilton
Hilton
Office website

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