Industrial for sale in Lekkerwater, Noordhoek

Great investment opportunity – Calling all investors.

Great investment opportunity – Calling all investors.

A great investment buy in this established and well-run light industrial business park in the heart of the deep south industrial area off Lekkerwater Road.

The complex comprises of 10 units, all of which are fully let with established tenants.

• Each unit has a ground floor, a mezzanine and balcony.
• Toilets and a kitchenette on both levels.
• Roller shutters.
• 3-phase power supply.
• Plenty of on-site parking available.
• Great views from the mezzanine.

The total leasable area is 1630 m².
The asking price is calculated based on the land value and a replacement building cost of R8,500.00/m².
Potential income yield equates to R107 678 per month, with expenditure estimated at 8%, and a 9% cap rate.

GLA 1630 m².
R13,855,000 ex VAT.

Please contact Shireen Ridgway for more details.