X

2,030m² Building For Sale in Pinetown North Industria

R13,750,000

Web Ref No CMNT-5485

Income-Generating Industrial Gem in the Heart of Pinetown

Solid Investment Opportunity – Warehouse for Sale in Pinetown

If you’re looking for a no-fuss, income-generating industrial property – this one's worth a look. Located in a great spot in Pinetown, this standalone warehouse sits on a 2,030 m² plot and offers everything you'd want in a solid commercial asset.

With a total building extent of 980 m² and a 2030 m² gross lettable area, it includes ±830 m² of factory/warehouse space, 150 m² of office space, a loading bay, and extra storage. There are 3 roller shutter doors (4m high) and a 6m roof height, making it ideal for logistics or light manufacturing. Super link access and a secure access gate make for easy loading and offloading.

There’s also a kitchen, wheelchair-friendly access, and the tenant handles utilities – bonus!

The property is currently leased to a blue chip tenant that has been on the property for a while. They have just renewed their lease for another year. Taking into account the Purchase Price, income and expenses per month, this property is offering a gross yield of around 13.61% – not too shabby for a hands-off, stable return.

Whether you're a seasoned investor or looking for your first industrial property, this is one that ticks the boxes.

Features

Zoning Commercial
Monthly Rates R25,732.00pm Excl. VAT
Floor Size 2,030m²
Land Size 2,030m²

Broker Contact Details

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy
Chas Everitt logo