R42,000,000

Industrial for sale in Crown City

Fully Tenanted Industrial Park - For Sale

Fully tenanted industrial park comprising of 24 x mini units ranging between 130 m2 and 490 m2 and 15 basement units ranging between150 m2 and 205 m2.

Gross income of R 455 000 per month ,enjoying a 16 % expense ratio, equating to a ±11% yield.

The park is of an excellent state of repair, sought after and well located, benefiting from a 100 % occupancy.

A more detailed income and expense breakdown is available from the agent.

Property Type
Industrial
Stand Size
2,000m²
Building Size
2,000m²
Address
41-42 Discovery Lane
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industrial listed on 17 Dec 2019