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INDUSTRIAL PROPERTY FOR SALE IN CLAIRWOOD
R 8,800,000
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10 months ago146 views
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Description
FOR SALE: PARTIALLY OCCUPIED INDUSTRIAL FACTORY WITH TENANT
Location: Clairwood
We are excited to present an exceptional investment opportunity - a partially occupied industrial factory with long-term tenant. This turnkey property offers investors immediate cash flow and the potential for long-term returns. Strategically located in a thriving industrial hub, this factory boasts a strong rental history and is a lucrative investment for those looking to expand their portfolio.
The ground floor has sustained some damages through the floods but the upper levels are currently in full use by the tenant. With some TLC and refurbishment, the ground floor is excellent for business or office usage. Current rental income of R24 000-00pm with the potential to grow. This is a 3-storey property and has a multiple vehicle parking area.
Contact Letisha Reddy on 0845521702 for more information and to schedule an appointment.
Property Reference #: CL204
Agent Details:
Kreston Govender
Legacy Real Estate Group
Shop 2, Avondale center, 277 Avondale road, Essenwood, Durban
Location: Clairwood
We are excited to present an exceptional investment opportunity - a partially occupied industrial factory with long-term tenant. This turnkey property offers investors immediate cash flow and the potential for long-term returns. Strategically located in a thriving industrial hub, this factory boasts a strong rental history and is a lucrative investment for those looking to expand their portfolio.
The ground floor has sustained some damages through the floods but the upper levels are currently in full use by the tenant. With some TLC and refurbishment, the ground floor is excellent for business or office usage. Current rental income of R24 000-00pm with the potential to grow. This is a 3-storey property and has a multiple vehicle parking area.
Contact Letisha Reddy on 0845521702 for more information and to schedule an appointment.
Property Reference #: CL204
Agent Details:
Kreston Govender
Legacy Real Estate Group
Shop 2, Avondale center, 277 Avondale road, Essenwood, Durban
Id Subtitle 1222624660
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Estimated monthly repaymentR 95,367
Total property loan amountR 8,800,000
Total interestR 14,087,894
Total repaymentR 22,887,894
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Legacy Real Estate Group
Selling for 2+ years
Total Ads574
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