1 171 m² Commercial space in New Germany

Prime double- storey commercial property situated in the heart of New Germany for sale, the bonus is a 1350m2 yard.

The property features areas follows:

- GLA 1175m2

- Yard 1350m2

- Main warehouse - 476m2

- lower ground floor - 493m2, with a roller shutter door -approximately 4m in height

- Height to eaves- 4.6m

- Height of building- 7.1m

- Fully tenanted:

-Ground Floor: Tenant since March 2022, monthly R62,447.53 excl. VAT, escalation 10, until Feb 2026

- Lower Ground Floor: Tenant since Jan 2025, monthly R27,500.00 excl. VAT, escalation 8, until Dec 2026

- Yard Area: Tenant since Sept 2019, monthly R37,547.51 excl. VAT, escalation 10, until Aug 2029

- Monthly income total: R127,495.04 excl. VAT

- Annual income total: Approx. R1,529,940.48 excl. VAT

- Monthly municipal rates: R14,423.47

- Strong tenant retention

- Financial and brochure will be provided on application

For viewing, contact Cheryl