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!
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...
More Info
Sign-up and receive Property Email Alerts of Factoryies for sale in Airport Industria, Cape Town.
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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.