Prime Industrial Building for sale in George Industria

R2,420,000
Sold

Overview

  • Property ID
  • 652

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: R2,420,000

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Trevor Young – BComm(LAW) LLB