3 980 m² Industrial space in Clayville

This tenanted industrial property is for sale in Gauteng Business Park, Clayville, at an asking price of R55,000,000 excluding VAT. The property is situated next to the main road in Clayville. It comprises 3,980sqm under roof on a 7,995sqm stand, divided into six occupied units made up of four 640sqm units and two 710sqm units. Current monthly rental income is R379,348.64 1 unit currently vacant, with a further R80,000 per month in off-grid utility income, and the shortest lease expiry is August 2028.

The property includes landlord owned cold rooms, solar backup with a reported 24 saving on total electricity charges, a backup borehole with storage tanks and a fuel bowser flow tank. Monthly levies are R10,060.31, rates are R38,499.33 and insurance is R10,645.39, bringing total monthly expenses to R59,205.03. To request further information or arrange a viewing, please contact TITAN Property Group.