Industrial for sale
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 serves as a strategic industrial and commercial hub that offers businesses excellent connectivity to major logistics routes and proximity to the established Pinetown industrial core.
