Web Ref CL123
R11,800,000
1 Rietbar Street
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Monthly Rates
R1,000
R1,000
OPPORTUNITY OPPORTUNITY
Welcome to this impressive industrial building offering an excellent investment opportunity with steady rental income. Situated in a prime location, this well-maintained property is a lucrative asset for investors seeking a stable and reliable source of revenue.
Key Features:
Location: Conveniently located in a thriving industrial area with ease, ensuring excellent visibility and accessibility for tenants and customers.
Building: This spacious industrial building boasts 645 sqm of versatile space, accommodating a variety of industrial and commercial activities.
3 Phase Power
Flatlet: 45sqm
Rental Income: Currently generating a consistent rental income stream from reliable, long-term tenants, providing a secure and predictable cash flow for investors.
Tenant Profile: The property is occupied by reputable tenants with lease agreements, contributing to the stability and sustainability of the rental income.
Maintenance: Well-maintained and in good condition, minimizing the need for immediate repairs or renovations and preserving the property's value over time.
Potential for Growth: With the option for rent escalations, lease renewals, or potential expansion opportunities, there is room for increased income and appreciation in the future.
165 sqm is also available for extra rental income.
Investment Opportunity. Ideal for investors looking for a passive income stream and long-term capital appreciation in a high-demand industrial real estate market.
Whether you are a seasoned investor looking to diversify your portfolio or a newcomer seeking a lucrative investment opportunity, this industrial building with reliable rental income is a solid choice that promises both stability and growth potential. Don't miss out on this chance to own a valuable asset in a thriving industrial sector.
Schedule a viewing today to explore the possibilities that await you!
Key Features:
Location: Conveniently located in a thriving industrial area with ease, ensuring excellent visibility and accessibility for tenants and customers.
Building: This spacious industrial building boasts 645 sqm of versatile space, accommodating a variety of industrial and commercial activities.
3 Phase Power
Flatlet: 45sqm
Rental Income: Currently generating a consistent rental income stream from reliable, long-term tenants, providing a secure and predictable cash flow for investors.
Tenant Profile: The property is occupied by reputable tenants with lease agreements, contributing to the stability and sustainability of the rental income.
Maintenance: Well-maintained and in good condition, minimizing the need for immediate repairs or renovations and preserving the property's value over time.
Potential for Growth: With the option for rent escalations, lease renewals, or potential expansion opportunities, there is room for increased income and appreciation in the future.
165 sqm is also available for extra rental income.
Investment Opportunity. Ideal for investors looking for a passive income stream and long-term capital appreciation in a high-demand industrial real estate market.
Whether you are a seasoned investor looking to diversify your portfolio or a newcomer seeking a lucrative investment opportunity, this industrial building with reliable rental income is a solid choice that promises both stability and growth potential. Don't miss out on this chance to own a valuable asset in a thriving industrial sector.
Schedule a viewing today to explore the possibilities that await you!
Features
Zoning
Industrial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
645m²
Land Size
974m²
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