1 146 m² Industrial space in Killarney Gardens

Lucrative Industrial Property in Killarney Gardens, featuring a multi-unit complex

Property Highlights:

Monthly Rates & Taxes: Approximately R7,100

Monthly Rental Income: Approximately R73,957.76 (excluding VAT)

Total Building Area: 1,146m2

Land Size: 1,590m2

Tenant Utilities: Water and sewerage costs fully recoverable via individual unit water meters

Unit Features: Each unit includes a ground-floor office with kitchen and bathroom, an open-plan first-floor office with bathroom, and a warehouse with high-volume ceilings and large roller shutter doors for easy truck access

Secure Parking: Generous parking spaces within a fully secured yard

Asking Price: R9,500,000 (zero-rated VAT applicable)

Lease Details:

Lease renewals scheduled between February 28 and July 31, 2026

Unit 1: 214m2, occupied since October 2023, 8% escalation, expires March 31, 2026

Unit 2: 211m2, occupied since March 2018, 8% escalation, expires February 28, 2026

Unit 3: 211m2, occupied since August 2019, 8% escalation, expires July 31, 2026

Unit 4: 317m2, occupied since March 2018, 8% escalation, expires February 28, 2026

Unit 5: 193m2, occupied since June 2019, 8% escalation, expires May 31, 2026

This property is an excellent choice for investors seeking stable rental income

Contact us today to arrange a viewing and explore this exceptional opportunity!