Blackheath Factory For Sale
Assetbridge offers For Sale this well maintained property within Blackheath Industria, situated in Range Road this site offers a good location and will primarily suit the needs for light industrial manufacturing. The site is in extent of 2,112 square meters with the building comprising approximately 1,120 sqm. The property further has power supply of 150 Amps with a maximum of 500 kVA available to upgrade. The buildings consists of a double storey office component and four identical units of 235 sqm each.
The property can furthermore be sold to an investor as a going concern, the following information is available:
- Lease commencement date – 1 July 2014
- Lease termination date – 30 June 2019
- Escalation – 8%
- Municipal Rates – approximately R 4,300 per month
Year 1 Annual Rental : 420 000,00
Year 2 Annual Rental : 453 600,00
Year 3 Annual Rental : 489 888,00
Year 4 Annual Rental : 529 079,04
Year 5 Annual Rental : 571 405,36
ASKING PRICE – R 6,800,000
All amounts excludes VAT.
For more information about the property, contact Assetbridge Real Estate or by completing the contact form below.