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Fully Let Industrial Business Park In Benoni For Sale

Benoni, Gauteng, South Africa
Asking Price:
R12,000,000
Sales Revenue:
R280,354
Cash Flow:
R120,539

Available For Sale in Benoni, Gauteng, South Africa is this first class industrial park.

The business park is fully let with long standing and established industrial tenants. The property is professionally managed by an established letting agent. The current letting agent has successfully managed the property on behalf of the current owner for more than 10 years.

Invest in this magnificent property and enjoy a profitable investment, managed by a professional letting agent on your behalf.

The income & expenditure of the property as at 1 January 2023 are as follows:

Monthly Income (8% Escalation Annually) R 280,354.00

Municipal Expenses R 104,411.00

Total Monthly Expenses R55,404.00

Net Monthly Income R 120,539.00

(See abbreviated Income and Expenditure schedule attached.)

Property Information

Real Estate:

Real Property Included

Location:

The property is located in the prime industrial node of Benoni Industrial Sites

Premises Details:

The premises is an industrial business park with 18 mini units ranging from 150sqm to 300sqm.

Size in square feet:
8,380

Business Operation

Reasons for selling:

The owner is retiring. The property will remain as a going concern as it is currently professionally managed by Managing Agents.

Years established:
>30 years

Other Information

Related Documents: