Prime Investment: 5-Unit Warehouse with Solar & Steady Income!

R8,999,000
Property Details
182 North Reef Rd

Discover an exceptional investment opportunity with this property, situated on a 2,023 square meter plot. The property boasts a 1,046 square meter building, ingeniously divided into 5 separate warehouse and workshop units, each designed with its own office space for maximum functionality.

The main building serves as a versatile warehouse and distribution center, equipped with 10 solar panels to ensure a reliable power supply. This sustainable feature enhances the property's appeal, offering both environmental benefits and cost savings.

Currently, 3 of the units are tenanted, generating a steady income of R105,000 pm. The tenant has been with the property for 20 years, highlighting the property's strong business exposure and reliability as a rental location. Unit 4 is vacant, presenting an excellent opportunity to earn an additional R15,000 in rental income.

Each unit is thoughtfully outfitted with its own kitchen and washroom facilities, ensuring complete convenience for all tenants.

Located just 12 minutes from OR Tambo International Airport, this property is ideally positioned for businesses involved in import and export, making it an enviable location for both personal business use and investment.

This prime location, coupled with the property’s robust income potential and excellent amenities, makes it an exceptional choice for savvy investors and business owners alike. Don't miss out on this rare opportunity to own a piece of prime real estate in a thriving business hub.

Property Features
Property Type
Industrial
Bathrooms
8
Covered Parking
2
Open Parking
9
Land Size
2,023m²
Costs and Terms
Rates & Taxes
±R26,077
Location
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