Description

Fully tenanted Industrial Park – For Sale
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 455 000 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.
Type of Property
Industrial Property
Street Address
41-42 Discovery Lane, Crown City
Listing Date
17 December 2019
Erf Size
2 000 m²
Floor Size
2000 m²
Furnished
No