Outstanding investment property delivering a gross income above 11%. This multi-tenanted asset enjoys a prime location on the main road, offering unmatched visibility for your business.
- Double-storey commercial/industrial building
• Lower ground: roller-shutter workshop (3.8 m clear height), office & ablutions (tenant: security firm, 9+ yrs)
• Ground floor (Shepstone Rd): open warehouse/retail (vehicle spares), kitchenette, ablutions, mezzanine storage
- Roof: 4.6 m eaves, 7.1 m apex
- Yard: fully tarred; concrete palisade & wire fencing; parking for ~10 vehicles
- Additional 1 350 m² yard leased to scrap-metal dealer (7 yrs)
- Prime multi-level warehousing/retail asset in an industrial node; tenant-owned shelving, racking & yard steel excluded from sale