1,175m² Tenanted Industrial Investment, Shepstone Road
For sale: a fully tenanted, 1,175m² double-storey commercial industrial investment at 112 Shepstone Road, Pinetown, on a 2,251m² site. The property is let to three tenants for a combined R118,828.35 per month excluding VAT. After rates of R15,427.09 per month, net income is R103,401.26 per month.
Shepstone Road is a busy route with great street exposure for the tenants. The lower level is accessed through a roller shutter door and has an open workshop with an office and ablutions, at a height of about 4m. The ground floor is an open space currently used as retail, with a kitchen and ablutions. Each unit has its own serviced entrance and yard area.
• 1,175m² GLA: 493m² lower ground, 476m² ground, 100m² concrete mezzanine and 106m² steel and timber mezzanine
• 2,251m² site with 1,350m² of yard space
• 4.6m to eaves, 7.1m apex height
• Three tenants: R118,828.35 per month excl. VAT
• Net income R103,401.26 per month after rates
• Separate serviced entrance and yard for each unit
• 112 Shepstone Road, Pinetown
Shepstone Road is a busy route with great street exposure for the tenants. The lower level is accessed through a roller shutter door and has an open workshop with an office and ablutions, at a height of about 4m. The ground floor is an open space currently used as retail, with a kitchen and ablutions. Each unit has its own serviced entrance and yard area.
• 1,175m² GLA: 493m² lower ground, 476m² ground, 100m² concrete mezzanine and 106m² steel and timber mezzanine
• 2,251m² site with 1,350m² of yard space
• 4.6m to eaves, 7.1m apex height
• Three tenants: R118,828.35 per month excl. VAT
• Net income R103,401.26 per month after rates
• Separate serviced entrance and yard for each unit
• 112 Shepstone Road, Pinetown
Monthly Rates
R15,427.09
Features
Zoning
Sizes
Parking Bays
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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