FABRICATION / WAREHOUSE / WORKSHOPS / ENGINEERING
Large industrial property located in Nuffield, Springs. Easy access onto R51 and N17.
IDEAL SMALL BUSINESS PARK – This property has the opportunity to accommodate multiple businesses at once. There is ample parking and kitchen facilities on the property, and each workshop / department will have its own ablution facilities. There’s also communal ablution available.
This property is offering a reception area with 8 offices, 6 separate workshops and a storage room with a 1 Ton Overhead-Crane installed. There is an entertainment area with a built-in-braai, ablution and changing rooms. There is a separate gate that allows direct access to the 6th workshop.
3300SQM Underroof space
3 Phase Electricity
150 AMPS (can be increased to 400)
** The owners have started with renovations, at this stage it is incomplete, and will be sold as is. **
Property Details:
1 |
MAIN WAREHOUSE / WORKSHOP - 4 Large Departments / Areas (Open Plan) - 2 x Roller Shutter Doors - Control Room - Toilet |
2 |
OFFICE SPACE - 8 x Offices - Boardroom - Reception & Main Entrance - Kitchen - Toilets (Separate Male & Female) - Stoep “Smoking Area” |
3 |
WORKSHOP - Office - Warehouse - Toilet - Kitchenette - Roller Shutter Door |
4 |
WORKSHOP - Office / Storage Space - Warehouse - Toilet - Kitchenette - Roller Shutter Door |
5 |
WORKSHOP - Warehouse - Toilet - Roller Shutter Door |
6 |
LARGE WORKSHOP / WAREHOUSE - Control Room - Office / Storage - Warehouse - Toilet - 2 x Roller Shutter Doors |
7 |
STORAGE / WORKSHOP - 1 Ton Overhead Crane - Small Roller Shutter Door |
8 |
WORKSHOP (OWN GATE & ENTRANCE) - Office / Reception / Kitchenette - Toilet - 2 x Warehouses - Roller Shutter Door |
9 |
- Entertainment area - Built-in-braai - Changerooms - Ablution (Separate: 2x Male & 2x Female) - Kitchen
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*** The structural improvements throughout the property have been completed for the toilets and kitchen, however they have not been installed. ***
Rates & Taxes: ±R14 127.46 p/m
5 Separate stands located in Sebokeng. near numerous schools, shopping centres and main roads. Only minutes from Evaton Mall.
There are no formal leases in place for these stands.
** THESE STANDS WILL BE SOLD SEPERATELY **
Summary:
Stand Number on Map |
Erf no |
Size |
Zoning |
Address |
Stand 1 |
60719 |
2299 m2 |
Community Facility |
60719 Mississippi Street |
Stand 2 |
60845 |
2163 m2 |
Community Facility |
60845 Montana Street |
Stand 3 |
60909 |
1771 m2 |
Residential |
60909 New Orleans Street |
Stand 4 |
60939 |
2325 m2 |
Residential |
60939 Mississippi Street |
Stand 5 |
61079 |
2137 m2 |
Community Facility |
61079 Philadelphia Street |
MPUMALANGA SPATIAL DEVELOPMENT FRAMEWORK
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MANUFACTURING / STORAGE SPACE / WORKSHOPS
1509m2 Located in the commercial / industrial node of Nelspruit CBD with great exposure! Industrial property with workshops, a warehouse, storage and manufacturing facilities.
Approximately 579m2 of the yard is ideal for storage, deliveries and workspace.
930m2 Gross lettable space – FULLY LET
This property offers a stable rental income opportunity due to the demand from tenants for the prime location.
RENTAL INCOME
SHOP NUMBER |
SHOP SIZE m2 |
RENT PER m2 |
CURRENT RENT |
LEASE END |
1 |
200 |
R46.55 |
R9 310.83 |
30/06/2022 |
2 |
150 |
R54.51 |
R8 176.00 |
31/01/2024 |
3 |
100 |
R70.17 |
R7 017.20 |
31/08/2022 |
4 |
210 |
R64.00 |
R13 440.80 |
28/02/2023 |
5 |
135 |
R59.26 |
R8 000.00 |
28/02/2023 |
6 |
135 |
R64.48 |
R8 300.00 |
28/02/2023 |
TOTAL RENTAL INCOME PER MONTH |
R47 750,00 |
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PER ANNUM |
R573 000,00 |
The tenants are responsible for their own water and electricity consumption. All the shops are equipped with their own meters.
Rates & Taxes ±R3 092.55 p/m
Great return on investment property. Located walking distance to Ellis Park Stadium and the University of Johannesburg, and near numerous well-known schools.
This property is currently fully let with a high rental income per month!
Secure inside parking for 4 vehicles underroof. Small garden.
Rates & Taxes: R608.28 p/m
SHARED OCCUPANCY MONTHLY INCOME
Ground Level |
|
Room 2 |
R2200 |
Room 3 |
R2200 |
Room 4 |
R2600 |
Room 5 |
R2600 |
Room 6 |
R2600 |
Upper Level |
|
Room 7 |
R2800 |
Room 8 |
R2000 |
Room 9 |
R2000 |
Room 10 |
R2000 |
Room 11 |
R2000 |
Outside Units |
|
Nanny Flat with Bathroom (R12) |
R2600 |
Bachelor Flat with Bathroom (R13) |
R3000 |
Total Income Per Month |
R28 600.00 |
Annual Income |
R343 200.00 |