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346m² Warehouse For Sale in Dal Josafat

R2,650,000

12 Rectangle Street
Web Ref No 7002001-88109

Fully Let Industrial Units with Solar and Ample Parking

(Exclusive Sole Mandate)

An excellent opportunity for investors to acquire two connected industrial units (346m² total) with a reliable tenant and solid rental income in place.

Property Overview:
• 346m² combined floor space (two connected units)
• Roller shutter door linking both units for flexibility
• Includes a R200,000 Victron solar system (energy savings)
• Fibre internet installed
• Alarm system & CCTV for added security
• Ample secure private parking for tenants (a significant value-add)

Financial Highlights:
• Gross Rental Income: R23,261.80/month (until 31 August 2025)
• Escalating to R24,890.12/month (1 Sept 2025 – 31 Aug 2026)
• Rates & Taxes: R2,338.00/month
• Levies: R5,315.00/month (covers building insurance & external maintenance)
• Gross Yield: 11.27%
• Net Yield: 7.81%

(Net Yield calculation based on Gross Rental minus Rates & Taxes and Levies only. It excludes other ownership costs such as internal maintenance, property management, and audit fees.)

Investment Highlights:
• Immediate passive income with a secure lease in place
• Low-maintenance property with premium infrastructure
• Energy-efficient setup reduces tenant operating costs
• Security systems and fibre connectivity already installed
• Secure parking enhances tenant retention
• Prime industrial location with excellent accessibility

Enquire today to secure this high-performing industrial asset and add a quality investment to your portfolio.

Please note: The purchase price of R2,650,000 excludes VAT. The property is currently owned by a VAT-registered company.

Features

Zoning Industrial
Monthly Rates R2,338.00pm Excl. VAT
Monthly Levy R5,315.00pm Excl. VAT
Floor Size 346m²
Security Yes
Extras

Closed Circuit TV
Near Public Transportation
Energy Backup Unit
Good reachable traffic
Fibre
Near Railway station
Security - System
Alarm
Brick
Near Highway

Broker Contact Details

Schalk Shepherd
eXp Realty

Cell 071-613-5695
Office (087) 8212575
WhatsApp Me
Simoney Kitshoff
eXp Realty

Cell 076-788-9930
Office (087) 8212575
WhatsApp Me

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