For sale / sole mandate

Fantastic investment unit for sale in Riverside Industrial Park, Chloorkop.

Riverside Industrial Park is a modern, well managed business park with 24/7 security. This particular unit has been finished to an exceptionally high standard and is occupied by an exceptional multi-national tenant

Warehouse and offices measure 378.5m² with office component being 138m². The factory or warehouse space is generic in design with an epoxy coated floor.

The tenant has been in occupation since 2008 and with the current lease ending in April 2022.

Current gross rental is R30,730.30 per month excluding VAT and escalates at 7% on 15 April annually.
Assessment Rates and Body Corp Levies are R8,912.81 per month combined leaving a net monthly income of R21,817.44.

The seller is offering a 12 month rental guarantee to the successful investor based on a R2.2million purchase price.

For more information please contact: Jonathan Fenwick on 078 099 7378 or 011 083 7171

Email: jonathan@parallelproperty.co.za