Industrial for sale in Lekkerwater, Noordhoek

  1. 1,251m²
  2. Web Ref: 1017504

Property Features

ERF Size 1,251 m²
Building Size 1251m²

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 business park comprises of 7 units, 6 of which are let with well-established, reputable long-term 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 1251 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 R83 659 per month, with expenditure estimated at 8%, and a 9% cap rate.

GLA 1251 m².
R10,650,000 ex VAT.

Please contact Shireen Ridgway for more details.

Contact the broker

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