Web Ref No CL1961

This double storey Industrial building in Melbourne Road in Congella is on an erf size of 616m² and has two ground floor units of 300m² each, and a drive-up ramp to an upstairs Unit of 600m², giving a GLA of 1200 m². Total income is R47 158 per month or R566 000 per year with annual rates of R143 000. One can see that the rental rates are below R40 per m², giving huge potential to increase rental rates. Asking price is R3.3m plus vat, negotiable. Phone Shaun for further details.