Investor’s dream for steady passive income on Pinetown/New Germany’s bustling main business street, with multiple tenanted units, on-site spray booth/panel shop and six bathrooms.
Fantastic opportunity to own a multiple income stream passive income property on Pinetown/New Germany`s main hussling bussling business street. All prepaid electric. Water reading done monthly. 65m Tenant on a 1 year lease R7K, 300m R21 tenant on lease, 180m R15K lease & can connect to another unit to make a larger space, 75m office tenanted R6K, Back alley 150m R9K needs a tenant & can connect to another unit to increase size and access, Upstairs 500m R35K has spray booth, chasis straigh machine, panel shop, 200m R21K tenanted Basement. Land size 1650. Entire ground 750m + basement 200m + upstairs 500m = R1450m.
Listed for sale at R10,000,000
Alexander Park in Pinetown offers a blend of industrial and commercial opportunities, benefiting from its accessibility and proximity to key transport routes and business support services, making it an attractive location for diverse businesses.
* Distances and amenities are approximate.