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FOR SALE: 410 SQM MINI INDUSTRIAL WAREHOUSE IN NORTH RIDING.
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Description

This A-grade sectional title mini business unit is situated in a popular up-market securitised business park in North Riding, Johannesburg.

It is currently being rented at well below the market rental for this park, which gives the investor an opportunity to increase his return by at least 33% once the lease expires.

SIZE: 410 sqm

LEASE: 3 year starting August 2019 with a further 2 year option.

ASKING PRICE: R 2,6 Million.

ROI: 6,9% Net on the 1st year (Note: Current Rental is R49/sqm instead of the market rate of R 65/sqm for this park)

Call REMO NOW ON 084_587_5465.

R 2,600,000

FOR SALE: 410 SQM MINI INDUSTRIAL WAREHOUSE IN NORTH RIDING.

North Riding, Randburg, Gauteng
Aug 25
Seller description
PropFinBiz
Member since Nov 2012
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North Riding, Randburg, Gauteng
AD ID 1066296986

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