Fully Let Industrial Investment in Aeroton - 10.78% Projected Net Yield

Fully Let Industrial Investment in Aeroton – 10.78% Projected Net Yield

Secure an income-producing industrial property in Aeroton, Johannesburg South, with an existing tenant and contractual annual rental growth.

This 8,767 m2 property is fully let, with a lease expiring on 31 December 2029 and annual escalations of 7.5%. At an asking price of R61.5 million, the property offers a projected forward net yield of 10.78%, based on forward annual net property income of approximately R6.63 million.

Investment Overview

• Asking price: R61,500,000 — VAT treatment to be confirmed
• Gross lettable area: 8,767 m2
• Occupancy: 100%
• Tenant: Table Charm
• Lease expiry: 31 December 2029
• Annual rental escalation: 7.5%
• Projected annual net property income: R6,630,000
• Projected forward net yield: 10.78%

Property Features

Situated within an established industrial precinct, the property combines warehouse functionality with convenient access to major highways.

• 15 roller shutter doors
• Approximately 7 m warehouse eaves height
• Fire sprinkler system
• Established Aeroton industrial location
• Convenient highway access

The existing tenancy and contractual escalations offer investors an established rental income stream with scheduled rental growth. The property is offered as a tenanted investment, with occupation subject to the existing lease.

Financial figures are based on forward projections and remain subject to verification and purchaser due diligence. VAT treatment, transaction costs, expense recoveries, power supply, backup services, zoning and detailed truck access specifications are to be confirmed.

Contact Greg Harris for further information, financial details or to arrange a private viewing.

Greg Harris

Commercial & Industrial Property Broker

eXp South Africa | Harris Commercial

082 414 7479