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Tenanted Warehouse & Truck Yard. 11% Yield

31 Main Reef Road Primrose
R3,500,000

Detail

Updated on September 1, 2019 at 9:33 am

  • Property Type: Industrial, Mixed Use, Retail
  • Property Status: For Sale
  • Income: ±R 399 468 pa
  • GLA: ±2 550m²
  • Zoning: Business 2
  • Extent : ±2 550m²

Additional details

  • Municipality: Ekurhuleni
  • Parking: Street Parking

Description

Located on Main Reef Road the property consists of a workshop, large yard and a retail shop.

The workshop has open- plan offices that are currently being tenanted by a panel beater. Entrance is gained by Roller Shutter doors off Main Road. This is currently being leased to a panel beating business.
Retail
The smaller portion of the warehouse is also tenanted and currently used as a motor spares retail shop.
Large Yard
Tenanted and Secured by high walls and motorised gates.
The entire property is secured by electric fencing, an alarm system, close circuit TV and armed response. The property is in good condition

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