Excellent Investment Oppertunity. TOTAL MONTHLY RENTAL INCOME IS R313 700 - 00.
The Investor gets an amazing 19% annual return on Investment.
Driving into Zinniaville, one immediately see this 6 345sqm, well developed industrial building that offers 12 units all with their own entrance on 9 374sqm erf. The tenants are mostly national anchor tenants, with a long rental history with the current owner that generates a substantial large rental income per month. There are currently no vacancies open and has a waiting list for possible tenants ready to move in.
An added extra is a borehole servicing the entire property with each unit having its own pressure pump system and water tank. All tenants also have their own pre-paid electricity.
There is ample parking around the building for all tenants and their clients, with extensive security every night and over weekends.
There is also a 54sqm warehouse for the property's spare parts, doors etc and all necessary documentation is available should any Buyer need it.
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