R28,000,000

R28,000,000

5,000m² Warehouse For Sale in Nerissa Estate
17 Polaris
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Introducing a prime investment opportunity in the heart of Nerissa Estate

Web Ref. SC454
Floor size 5000.00 m²
Monthly Bond Repayment
R256,127
A sprawling 5000m2 industrial property situated on 5800m2 of sought-after real estate. These free-standing buildings offer unparalleled exposure onto Jan Smuts Avenue, ensuring maximum visibility and accessibility for potential businesses looking to thrive in a bustling location. The property comes with the advantage of five long-term tenants, each secured with approximately 3 years remaining on their leases. This stability guarantees consistent income streams, ensuring financial security for the foreseeable future. Additionally, an eye-catching billboard on the premises not only enhances visibility but also generates extra revenue through advertising, supplementing the already robust monthly rental income of approximately R250,000. Located in a rapidly developing area, this property is amidst a landscape of growth and revitalization. The surrounding neighborhood has witnessed substantial growth, with buildings undergoing uplifting transformations. Priced at R28 million, this property represents a significant opportunity for investors seeking stable returns in a flourishing commercial district. This property presents a rare chance to acquire a substantial industrial asset in an area poised for further development. For those looking to expand their investment portfolio or seeking a high-yield opportunity, this property holds immense potential. Get in touch with us today to schedule a viewing and explore the myriad possibilities this property offers for your investment aspirations. Contact Rob today to view.

Features

Zoning
Industrial
Interior
Airconditioning
Exterior
Security
Sizes
Floor Size 5,000 m²
Additional Amenities
Secure Parking
investment property
Advertising income
High visibility
Listing Info
Date Listed 19-04-24
Time Listed 09:23

Nerissa Estate, Cape Town

Google map for 5,000m² Warehouse For Sale in Nerissa Estate

Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.