R 5 700 000
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460 m² Industrial space in Alton

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460 m²

PROPERTY INVESTMENT - TENANT HAS BEEN IN OCCUPATION FOR MANY YEARS

The long standing tenant has a lease until November 2027 and the rental income is R46900 + R4812 for the Levy + R6051 for the rates which the owner recovers from the tenant. The return on your investment is R10.5% and will grow into 11.5% in the next year. The tenant is quite certain that it will renew its lease for a further 5 years. The building is well managed and easy to maintain due to is face-brick and cement tiled roof.

Reception

Multiple Lab Rooms

Workshop

Roller Doors

Property details

  • Listing number T5310167
  • Property type Industrial
  • Listing date 19 Nov 2025
  • Floor size 460 m²

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