Industrial for sale in Vaalbank, Middelburg
Web Ref: 1059507
Industrial Workshop/Warehouse/Retail Outlets/Offices For Sale
Centrally located (Close to Columbus Stainless Steel/Barloworld Equipment/Middelburg Mall, etc.) with good accessibility from the N4 (Gauteng - Nelspruit - Maputo). N11 (Ermelo - Groblersdal), R555 (Witbank -Steelpoort) and R35 (Middelburg - Bethal) in the Main Industrial Area of Middelburg, Mpumalanga.
Improvements on the land include the following:
- Two buildings totalling 2480 square meters, covered floor area 58 square meters, covered heavy vehicle Wash Bay with Certified Oil Separator system.
- 22 Corrugated sheet covered carports
- 180m high 682m length palisade boundary fence
- Excellent access through 4 of 6m wide sliding gates
- Paved driveways and parking area covering 1375 square meters
Services - All Municipal Services are rendered including 3-Phase Electrical supply (380 Volt/ 100 Ampere)
The property can be sold as a unit or potentially be subdivided into two portions.
Portion 1 has a covered area of 2890 square meters and is subdivided into 7 portions of different surface areas which are currently leased individually.
Portion 2 has a covered area of 690 square meters and is individually palisade fenced, it has 500 square meters paved driveway and parking area plus 6 corrugated sheet covered carports providing ample covered parking for 14 vehicles. It is currently divided into two sections which are leased individually.
The Annual Rental Return currently stands at R 2,240,000.00.
The property is sold with required SPLUMA Certificate in accordance with Mpumalanga Provincial Government regulations on the sale and transfer of property.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.