Floor Area 6435 m²
Land Area 9374 m²
Rates R 10667
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.