Industrial for sale in Kya Sands, Randburg

R8,700,000
  1. 2,473m²
  2. Web Ref: 1021307

Property Features

ERF Size 2,473 m²
Rates R7,411 per month
Building Size 1644m²
Home Owner Levies R3,625

Fully Occupied Light Industrial Investor Property with 5 Separate Units

Calculated at a +/- 9% yield with offers from R 8,3 million being entertained, this impressive and well maintained mini park, located within the secure Kya Sand Industrial Park, offers the new owner 5 separate mini dual use units. Currently there are 3 tenants of which 1 occupies 3 adjoining units with a lease ending in the 2nd quarter of 2022. The Erf offers the tenants a 3 phase covered generator which forms part of the sale.

The park is located within close proximity to Malibongwe Drive which is the main arterial route connecting Kya Sand to the N1 and N14 freeways. There are many affluent suburbs surrounding this Industrial node to the West of JHB and there is currently a surge in demand for the area due to recent infrastructure upgrades and large development projects which are close to completion.

Location

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