3738 m² Industrial space in Springfield

PRIME INDUSTRIAL PROPERTY IN SPRINGFIELD ON AUCTION ON THE 28 MAY 2024 AT THE OYSTER BOX, 2 LIGHTHOUSE ROAD, UMHLANGA

This Spacious Industrial Property comprises:

13 units floor area covers 2770m2

2 large warehouse, floor space is 500m2 each.

3 phase power to all the units, all have 3 phase power- which equates to 215 AMPS

All units have epoxy flooring

Small Offices and ablutions in every unit

Double Volume

Super-link access

Roller shutter doors to each unit.

Roof heights range from 4,2m, 4.5m, 8.3m and 8.5m

Entire complex has a 700KPA water supply pressure, which is compliant with the bylaws for Fire hazards

Rental income is around R213 000pm.

Net rental income R1.94million pa

ROI for this investment is around 12%