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R 8 400 000

Industrial Property for Sale in Airport Industria

36 Manhattan, Airport Industria, Cape Town

Floor Size 1111 m² Erf Size 1 803 m²
For sale: fully leased industrial park in airport industria - prime investment opportunity
This well-maintained industrial park, set on an erf of 1,803 sqm with a GLA of 1,111 sqm, features four fully leased units:

Units 1 & 2: 564 sqm combined
Unit 3: 275 sqm
Unit 4: 272 sqm
A standout feature is the additional income from a long-term MTN tower lease, enhancing the investment appeal with steady revenue.

With all tenants on long-term leases and significant potential for rental growth, this property offers excellent value with a cap rate of 9.5%.

Don't miss out on this lucrative opportunity-contact me today to arrange a viewing!
Listing Number
114874302
Type of Property
Industrial Property
Street Address
36 MANHATTAN, Airport Industria
List Date
02 September 2024
Erf Size
1 803 m²
Floor Area
1 111 m²
Levies
R 1
Rates and Taxes
R 7 337
Zoning
General Industrial

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Chantel Van Staden
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Contact Agent

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By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Vermaak Properties

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Chantel Van Staden
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