1436m2 Investment Sale in Montague Gardens - Web Ref: 1757
R p/m2R 10,300,000 p/m2
Industrial for Sale
Building Size (GLA):
Gross Monthly Rental:
The subject property is improved with the construction of three adjacent warehouses. Units 1 and 3 are 551m2 and 556m2 respectively, and the middle unit is 327m2 totalling a GLA of 1436m2. The buildings are of steel portal frame construction with bagged and painted brick in-fill. The interior offices are plastered and painted brick, with Rhino board ceilings. The roof is Cromadek with full length roller shutter doors to each warehouse. Excellent access and parking via the palisade fence enclose yard area in front. All units are currently tenanted till 2019 with a current income of R755,052 PA 8% escalation. Rates and Taxes R544 per month.