POA
3 738 m² Industrial space in Springfield
875 peter road
3 738 m²
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%
Property details
- Listing number T4624004
- Property type Industrial
- Floor size 3 738 m²
- Rates and taxes R 29 870
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