1588 m² Industrial space in Tamsui Industrial

R 6 684 000

Pieter Jordaan

Seeff-George

Offer Pending

1588 m² Industrial space in Tamsui Industrial

R 6 684 000

Can I afford this?
Floor Area 1588 m²
Land Area 1920 m²
Rates R 3700

Factory/Warehouse/Distribution Centre for sale in Tamsui Industrial, George. The building consists of 1,240 m2 of warehouse space, 68 m2 office space and a 280 m2 covered loading space. The office space has 2 large offices, reception area, staff room, 4 bathrooms, 2 kitchens and store room. The building can easily be divided into 2 separate functioning units. The premises are currently being used as a distribution centre for a large retail chain with 15 stores in the Southern Cape.

Further business opportunities:

1. 15x Southern Cape retail stores with possibilities for additional 20 stores in the Southern Cape region (town already identified). Cost: R12 m with 12% ROI

2. 45% ownership in the property in the company worth R28.5 m. Cost R12 m. Financial statements until Feb 15 available on request.

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Pieter Jordaan

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1588 m² Industrial space in Tamsui Industrial

R 6 684 000

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