Industrial for sale
Hands-off investment with steady rental income from a long-term tenant, located close to the N3 Freeway. Functional workshop with office, kitchenette and two bathrooms.
Investment opportunity - 243sqm Mini Factory for sale at R1,2 million plus Vat. Tenant been in occupation 15-20 years. Current 03 year Lease Agreement expires on the 31.08.2027. Tenant pays R11858-00 per month plus Vat. Nett income of approximately R112794-00 after expenses. Workshop, with office kitchenette and toilet facilities. Located close to N3 Freeway.
Listed for sale at R1,200,000
Mkondeni is a strategically positioned industrial and commercial hub in Pietermaritzburg, offering excellent connectivity to the N3 national corridor and serving as a primary node for manufacturing, logistics, and wholesale businesses.
