- 2
- 1 050 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 17904.00
Property description
Positioned in a well-established industrial hub in Pinetown, this versatile property presents an exceptional opportunity for both investors and owner-occupiers.
The property comprises 6 double volume workshops, some with mezzanine levels, together with 12 large upstairs offices and a welcoming reception area, offering a practical balance of industrial and
administrative space.
Currently generating a collective rental income of R64 056 per month excluding electricity, the property already delivers a solid income stream. In addition, the upstairs office component offers further rental
potential, creating an opportunity to enhance returns through additional leasing.
The property is well suited to a variety of industrial and commercial operations and is equipped with 3-phase power, making it ideal for businesses requiring dependable operational capacity.
It would also perfectly suit an end user in need of ample office space, 2 boardrooms, workshop facilities, and room for expansion.
Further features include 20 secure parking spaces inside and additional parking outside on the verge, staff accommodation and ablutions, as well as additional upstairs ablutions and a kitchen, adding to the
convenience and functionality of the premises.
Well located with easy access to major transport routes and surrounding business nodes, this is a rare opportunity to secure a flexible, income-generating asset with further upside in the heart of Pinetown.
To arrange your exclusive viewing call Clarin and Kerry today.
Property Details
- 2 Bathrooms
Property Features
Video
| Bathrooms | 2 |
| Floor Area | 1 050 m2 |
Contact the Agent
Kerry Gregory
Full Status Property Practitioner