775 m² Industrial space in Kya Sands

R 6 500 000

Sheldon Whitehead

API Property Group

775 m² Industrial space in Kya Sands

R 6 500 000

kya sands road
Can I afford this?
Floor Area 775 m²
Land Area 6000 m²

Office & Warehouse under roof: 775sqm Stand Size: 6,000 Sqm There is a temporary/ non approved structure on the site that is not included in the GLA. Rental income per month: R75376.27 ex vat and utilities. Rates: R4,769 per month. Escalated by 8% every year. Tenant has been leasing for almost 6 years. Lease expiring January 2017. Current Tenant is going to either sign a new 2 year lease again in January with a new 8% escalation, or the landlord will sell to a new occupier.

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Experience Northriding to Lanseria

What was previously agricultural land, has been transformed into a bustling residential and commercial hub. The Coca Cola Dome is a well known landmark that provides constant nightlife and live entertainment, drawing people from neighbouring cities. Numerous shopping centres provide locals with opportunities for retail therapy and socialising. Luxurious estates, private schools, top-class healthcare, retirement villages and other facilities are contributing to the upward trend in this bustling, rapidly developing area.

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775 m² Industrial space in Kya Sands

R 6 500 000

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