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Industrial for sale
Turnkey investment with dependable rental income near the N3 freeway, long-term tenant of 25 years and a workshop with office, kitchenette and two bathrooms.
Investment opportunity - 184sqm Mini Factory for sale at R1 million plus Vat. Tenant has been in occupation of the property for 25 years. Latest three (03) year lease agreement expires on the 31.08.2027. Currently paying R8644-00 per month plus Vat. Nett income after expenses of approximatel R78879-00 per annum after expenses. Workshop with an office, kitchenette and toilet. Situated close to the N3 freeway.
Listed for sale at R1,000,000
Mkondeni serves as a primary industrial and commercial hub in Pietermaritzburg, offering strategic logistical advantages through its direct access to the N3 corridor and a well-established infrastructure base for manufacturing, warehousing, and retail operations.
