086 1222 021

info@scsgroup.co.za

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SHOPPING CENTRE IN MIDRAND WITH A 10% ROI For Sale

R195,000,000

Description

This full title industrial property is for sale, with total building size of 7122m² including 1122 m² a double sto-rey component comprising of spacious double volume reception and foyer, large executive boardroom, 4 private management suits, a large open plan office with adequate space for 12 workstations, server room, male and female ablution, kitchen and ling room is offered in the admin wing.
The 6000m² warehouse/manufacturing plant has 10m free stack height, and hassle free traffic flow by means of one way in and one way out as stand is situated on corner and served by two separate roads. Loading and unloading supplied by 4 large docking areas, and 2 dock levelers.
Adequate staff ablution supplied for separate male & female toilet and shower facilities with lockers. Large canteen of 90m² and separate green seating area. Additional features include top security systems such as full access control, security control room, 28 seperate CCTV cameras, biometric access control to all gates and doors. An advanced independent re protection system installed backed by 500,000 pressured reservoir, and full standby generator.

Area: Halfway House Estates, Johannesburg

Size (GLA): Land size of 6.7589Ha with a GLA of 18,249 m² including 2.2Ha of bulk land

Asking Price Excl.VAT: R 195,000,000.00

Nett Income: R 19,412,976.00 P/A

Total Expenses: R 5,754,924.00 P/A (Including all municipal charges)

Access to Major Roads: Pretoria Main Road and N1 and is within walking distance of the Midrand Guatrain depot

Facilities: Shopping Centre

Occupancy: 90% (Approximately)

Please note that information contained herein is meant only to serve as a summary of relevant information as supplied to Sentinel Commercial Services Group. No information is verified or presented as fact, we urge prospective clients to have all relevant information professionally verified.

Detail

Updated on Jan 17, 2019 at 7:49 am

  • Property ID: MIDSALEDON051
  • Price: R195,000,000
  • Zone: Shops

OTHER PROPERTY INFO:

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  • Property Address

    • City: Pretoria
    • Country: South Africa

    Contact info

    CONTACT AGENT
    Donavan Penton
    076 793 3493
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