Discover a strategic investment in the heart of Elsies Industrial, boasting a mix of General Business and General Industrial zoning. This property, situated at 384 Voortrekker Road and backing onto Drukkery Street, offers a total gross lettable area of 1980m2 on a Erf of 2327m2
Property Highlights:
- Location: Strategically positioned with easy access to major transport routes.
- Tenants: Currently occupied by six tenants, with one vacancy comprising 510m2
- Projected Yield: 9.9% once fully tenanted, with expenses estimated at 15%.
- Investment Value: Asking price of R13 million, offering excellent potential for capital appreciation and steady rental income.
This property presents a compelling opportunity for investors.
Contact us today to discuss this opportunity further and arrange a
viewing.
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