R 17 000 000
6435 m² Industrial space in Rustenburg Central
9374 m²
6435
Plot size is 9,374 sqm.
Building size is 6,435 sqm, consisting of 12 units.
Rental income is R302,000 per month.
Municipal property tax is only R10,666.67 per month.
Built 4 new units since 2020, spending approximately R6 million.
Most tenants are national companies with a long history and contracts that generate fixed rental income. No vacancies.
There is a borehole with strong water supply. Each tenant has their own water tank and pressure pump system.
All tenants have pre-paid electricity.
Ample parking spaces inside and behind the fenced parking area.
Property details
- Listing number T4207503
- Property type Industrial
- Erf size 9374 m²
- Floor size 6 435 m²
- Rates and taxes R 10 667
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