Heavy Industrial Factory and Office

Price: R 8,500,000
Listing Type: Commercial Property
Location: Durban
Ref No.: 2986
Year Established: 2018
Net Profit: TBA
Property Value: R 8 500 000
Erf Size: 2035 m2

This is a heavy industrial factory property with high-end finishes offices in a prime central Durban location with excellent access to the freeway network, comprising of the following space:

Offices/retail: 200m²
Utility buildings: 266m²
Open workshop: 1300m²
Yard: 269m²
Total sqm: 2035m²

The reason for selling is the owner’s retirement. The property has an existing tenant with a monthly rental of approximately R85K with an 8% escalation.