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1436m2 Investment Sale in Montague Gardens - Web Ref: 1757


R p/m2 R 10,300,000 p/m2

Property Description


Property Type: Industrial for Sale
Building Size (GLA): 1426 m2
Gross Monthly Rental: R p/m

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.


PROPERTY FEATURES


Warehouse Size: 1300m2
Office Size: 136m2
Total Area Size: 1426m2
Yard Size: 300m2
Power: 3 Phase / 60 (amps)
Zoning: General Industrial 1
Building Height (to eaves): 7m

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