Erf Size: ± 2 089 m² | GBA: ± 1 574 m² + Carport | Present rental income: ± R 61,600 p.m. | Municipal service recoveries: ± R10,500 p.m. | 6 Units in 3 Buildings (1 Unit vacant) | Zoned: Business 1 | Ideal for Automotive industry (with special consent)
Well positioned Investment Property in the Heart of Rustenburg’s Industrial Precinct
In2assets presents the opportunity to acquire a commercial warehouse facility strategically located in the industrial precinct of Rustenburg.
This multi-unit property consists of 3 warehouses with 6 individual lettable units
Prime Location:
Situated in the bustling precinct of Rustenburg, this property enjoys proximity to major transport routes and is strategically positioned with street frontage onto the President Mbheki Drive.
Lettable Area:
The property consists of 3 buildings positioned on one erf of 2089m2. The totable lettable area is 1574 m2 spread over 6 lettable units in total.
Ther is a yard area and a carport offering parking for visitors and tenants.
Occupancy:
The property generates an income of R 61 600/month plus service recoveries of R 10 500/month.
There is one unit in the property that is currently vacant which offers the opportunity for and end-user investor.
Conclusion:
This very decent investment property represents a chance to acquire a business facility in the sought-after business district of Rustenburg.