MANUFACTURING / STORAGE SPACE / WORKSHOPS
1509m2 Located in the commercial / industrial node of Nelspruit CBD with great exposure! Industrial property with workshops, a warehouse, storage and manufacturing facilities.
Approximately 579m2 of the yard is ideal for storage, deliveries and workspace.
930m2 Gross lettable space – FULLY LET
This property offers a stable rental income opportunity due to the demand from tenants for the prime location.
RENTAL INCOME
|
SHOP NUMBER |
SHOP SIZE m2 |
RENT PER m2 |
CURRENT RENT |
LEASE END |
|
1 |
200 |
R46.55 |
R9 310.83 |
30/06/2022 |
|
2 |
150 |
R54.51 |
R8 176.00 |
31/01/2024 |
|
3 |
100 |
R70.17 |
R7 017.20 |
31/08/2022 |
|
4 |
210 |
R64.00 |
R13 440.80 |
28/02/2023 |
|
5 |
135 |
R59.26 |
R8 000.00 |
28/02/2023 |
|
6 |
135 |
R64.48 |
R8 300.00 |
28/02/2023 |
|
TOTAL RENTAL INCOME PER MONTH |
R47 750,00 |
|||
|
PER ANNUM |
R573 000,00 |
|||
The tenants are responsible for their own water and electricity consumption. All the shops are equipped with their own meters.
Rates & Taxes ±R3 092.55 p/m
