PROPERTY INVESTMENT - TENANT HAS BEEN IN OCCUPATION FOR MANY YEARS
The long standing tenant has a lease until November 2027 and the rental income is R46900 + R4812 for the Levy + R6051 for the rates which the owner recovers from the tenant. The return on your investment is ±R10.5% and will grow into ±11.5% in the next year. The tenant is quite certain that it will renew its lease for a further 5 years. The building is well managed and easy to maintain due to is face-brick and cement tiled roof.
- Reception
- Multiple Lab Rooms
- Workshop
- Roller Doors
+27 (0)82 857 5272
+27 (0)35 789 8583
whatsapp agent
elandre@fosprops.co.za
elandre@fosprops.co.za
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