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R8,400,000

36 MANHATTAN

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R7,336.5 Excl. VAT

FOR SALE: FULLY LEASED INDUSTRIAL PARK IN AIRPORT INDUSTRIA - PRIME INVESTMENT OPPORTUNITY

This well-maintained industrial park, set on an erf of 1,803 sqm with a GLA of 1,111 sqm, features four fully leased units:

Units 1 & 2: 564 sqm combined
Unit 3: 275 sqm
Unit 4: 272 sqm
A standout feature is the additional income from a long-term MTN tower lease, enhancing the investment appeal with steady revenue.

With all tenants on long-term leases and significant potential for rental growth, this property offers excellent value with a cap rate of 9.5%.

Don't miss out on this lucrative opportunity-contact me today to arrange a viewing!

Features

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0
Title:
Freehold
Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
1,111m²
Land Size
1,803m²

Airport Industria, Cape Town

Airport Industrial Area Profiling: Airport Industrial is a popular industrial property area close to Cape Town. It caters for small mini factory users as well as large corporate distribution warehouse and factory users. Airport Industrial consists of two distinct areas, divided by the Airport approach road. Location: Located approximately 17km's from the Cape Town CBD, Airport Industrial consists of two...
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In the news

Industrial Leasing in Airport Industria
Airport Industria, as the name suggests, is an industrial area conveniently located near Cape Town International Airport, making it a prime spot for businesses focused on logistics, distribution, and freight. The area offers a...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

118,100.17

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