"This property is extremely well located with great visibility for the tenants. This part of this busy industrial area never disappoints. Access to the premises is easy, with sufficient parking for the tenants and their clients.
This building is fully tenanted. All tenants have valid leases in place with a 7.5% escalation annually.
The ERF size is 5545 sq m with a current GLA of 2274 sq m, thus leaving ample space for expansion.
Due to the nature of the building, maintenance costs are extremely low, and all municipal costs are recovered from the tenants.
"The selling price excludes VAT."
