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R 6 500 000

Industrial Property for Sale in Maitland

25 Eighth Avenue, Maitland, Cape Town

Floor Size 1365 m² Erf Size 1 365 m²
Investment Property For Sale Maitland
This stand-alone investment property in Maitland offers excellent returns and a secure setup, making it an ideal opportunity for savvy investors. With two tenants in place, the leases extend until 2027, ensuring consistent income with rental escalations from April 2025.

Property Details:

- Building size: 810m²
- Erf size: 1,365m²
- Double-story office component at the front of the building
- Double-volume warehouse at the back occupied by the second tenant
- Large roller shutter door for easy access
- Shared entrance and private fenced yard with an electric gate
- Shaded parking for tenant convenience

Financials:
- Current rental income: R54,603 per month (escalating from April 2025)
- Monthly expenses: Approximately R9,500
- Excellent yield with secure long-term Read more...
Listing Number
115269764
Type of Property
Industrial Property
Street Address
25 Eighth Avenue, Maitland
Description
Warehouse
List Date
26 November 2024
Net Price
R 6 500 000
Availability Date
22 November 2024
Erf Size
1 365 m²
Floor Area
1 365 m²
Rates and Taxes
R 9 500
Zoning
Mixed Use
Bathrooms
2,In Unit
Kitchens
1,One in each unit
Warehouse Space
550 m²
Truck Access
Small Trucks
Roller Shutter Doors
2
Parking
10,Entire yard for parking
Yard Space
500 m²
Gross Lettable Area
815 m²
Building Grading
B Grade
Multi Tenanted
Yes
Standalone Building
Yes
Natural Light
Yes
Power Availability
Three Phase
Security
1
Nearby Public Transport
Bus, Minibus Taxi
Wheelchair Accessible
Yes

Education

H.J. Kroneberg Junior Primary
0.13km
Windermere Primary
0.38km
Kenmere Primary
0.66km
Oude Molen Hts.
0.78km
St. John'S Rc Primary
0.87km
Leap Science And Maths School
1.03km
Pinelands North Primary
1.05km
Factreton Primary
1.06km
Hidayatul Islam College
1.08km
Kensington Secondary
1.12km
Wingfield Primary
1.27km
Holy Cross Convent (Maitland)
1.35km
Windermere Sekondere
1.45km
Sunderland Primary
1.53km

Food and Entertainment

McDonald's
1.60km
Cincinnati Spur
1.63km
Sai Long
1.70km
O'Briens
1.71km
Joe Fish
1.72km

Transport and Public Services

Woltemade
0.40km
Mutual
0.64km
Mutual
0.66km
Kensington SAPS
1.02km
Pinelands SAPS
1.08km
Kentemade
1.14km
Total
1.37km
Ndabeni
1.64km
Alpha & Omega Christian Fellowship
1.69km
Christ the King Catholic Church
1.73km
Howard Place
1.74km

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Olav Aadnesgaard

Contact Agent

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Cushman & Wakefield | BROLL

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Olav Aadnesgaard

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