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Prime Industrial Building for sale in George Industria

R 2,420,000

Overview

Property Description

 

Very neat , modern building with excellent security.Great investment opportunity with 5 Year lease.
Rental income can be increased on this 1329Sqm land and 648Sqm floor size.
Lots of parking space with office , warehouse , and workshops.Excellent building construction and 3Phase electricity.
Rental income R20800Pm (Vat Excl ) with 8% escalation per year.
ROI 10%

Taxes PM R 934
Rates PM R 1 372
Property Id : 652
Price: R 2,420,000
Monthly Turnover: N/A
Monthly Profit: N/A

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Trevor Young – [MACYOUNG] BComm(LAW)