595m² Investment Warehouse For Sale, Mosaic Street, Silvertondale
This 595m² double-story automotive warehouse for sale on Mosiac Street in Silvertondale is an exceptional investment opportunity, offering a prime location and a secure long-term rental income.
The property is currently leased at a monthly rental of R28,000, with a 5-year contract in place set to expire on February 28, 2029. A rental escalation of 8% is scheduled to take effect on January 1, 2025, ensuring consistent and growing returns for investors.
The warehouse is designed to cater specifically to the automotive industry, featuring a built-in reception and waiting area, multiple offices, and essential facilities, including ablutions and a kitchen. The unit is purposefully laid out with a roller shutter door for point of entry into strip and assembling bay, a panel beating bay, and a dedicated paint shop with paved yard located at the back of the property. Additional storage areas for loose components and a walk-in safe further enhance the property's functionality and security, making it ideal for businesses in the automotive repair and manufacturing sector.
Strategically located close to prominent businesses such as Wood City, ESP, Cashbuild, Promac Paints, Burquip, and Midas, the warehouse benefits from excellent connectivity to major routes, including the N1 and N4 highways, as well as proximity to public transport options. Visibility and accessibility are further boosted by its location within Silvertondale’s bustling industrial hub.
This versatile and well-appointed property is not only ideal for automotive operations but also offers investors a lucrative opportunity with its stable income stream and long-term lease agreement in place.
The advertised prices and information are subject to change without prior notice. While we strive for accuracy, we cannot guarantee that all details, including pricing and availability, are current or free from error due to market fluctuations and other factors. Harcourts Jacaranda disclaims any liability for discrepancies or inaccuracies between advertised and actual prices. We encourage potential clients to confirm the latest pricing, availability, and property details directly with our office before making any decisions or commitments. All listed amounts exclude VAT unless otherwise specified.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
