Westonaria – 2 x Factories
- R1,000,000
Westonaria – 2 x Factories
- R1,000,000
Auction Information
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Auction ID AC-AC002112
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Auction Time 12h30
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Auction Date 4 June 2024
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Auction Type Onsite Auction
Summary
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Rates & Taxes: ±R43.45
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Land Area 3811
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Improvements 2000
Property Information
Situated in the thriving industrial hub of Westonaria, this property presents a lucrative investment opportunity with its two fully rented factories. Spanning an impressive 2,000m2 under roof, these factories are currently generating consistent rental income, ensuring a steady return on investment for the discerning buyer. Equipped with a 2 or 3-ton gantry, the property facilitates seamless handling of heavy machinery or materials, catering to a wide range of industrial operations.
The amenities of this property are designed for efficiency and practicality. A large storeroom offers ample space for inventory or equipment storage, while ten rooms designated for staff accommodation provide housing solutions for employees, with some rooms already generating additional rental income. The inclusion of a changeroom complete with showers and basins ensures the comfort and convenience of onsite personnel, fostering a conducive working environment.
Currently rented on a month-to-month basis, this property boasts a monthly rental income of R12,650.00, providing immediate returns for investors. In addition to the base rental income, the property generates an extra R8,000.00 in additional income, further augmenting its profitability. Don’t miss out on this exceptional opportunity to acquire a solid income-generating asset in Westonaria. Join us at the auction and secure your stake in the prosperous industrial landscape. For further information or to arrange a viewing, contact us today.
Summary:
- 2 x Factories (both rented out)
- 1 x Gantry – 2 / 3 Tons
- Large Storeroom
- 10 x staff rooms
- Current Monthly Rental Income – R20 650.00
- Rates/Water/Sewerage & Refuse: ±R3 413.00
Property Documents Downloads
Street Address
View in Google Maps-
Location: 26 Doveton Street, Westonaria
Contact Information
Disclaimer:
Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller, nor the Auctioneer, nor the broker shall be liable for any loss, damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof. The duty always rests on the purchaser to conduct his/her own due diligence inspections relating to the property/ies referred to herein to verify the information reflected. The purchaser’s participation in any auction or private treaty sale based upon such information shall be entirely at his/her own risk in acceptance of the preceding information