Paarden Island Commercial for sale / to buy

Commercial Offices & Warehousing 12% Yield
Paarden Island, Western Cape, South Africa

(SOLE MANDATE)

Price: R13,800,000

* Commercial double-storey building for sale in Paarden Island.
* Plenty of office space and warehousing.
* GLA +- 2000m²
* General Industrial
* Adequate customer and employee parking available.
* Take-over current lease agreements in place from 3 to 8 years.
* Self-paying leases - tenants cover all expenses
* Suitable for a commercial property investor looking for office space plus warehousing/manufacturing premises.
* Offers considered from R13,8 million to R11,5million
* Yield estimated +-12%
* Purchase from VAT vendor.

Price negotiable. Regret, only qualified buyers please, unfortunately, no brokers multi-listing as per owners instructions.

Property Facilities

Paarden Island property

◊ Bedrooms: 0◊ Bathrooms: 0

Contact Details

Paarden Island property

Marc Johnston
Tel: +27 (021) 7619954
Cell: 0837003454

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Marc Johnston

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International Investor Net 4Real Estate

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Property Number: 1116735

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Paarden Eiland property