For Sale: Industrial Investment Opportunity in Killarney Gardens
Lucrative Industrial Property in Killarney Gardens, featuring a multi-unit complex
Property Highlights:
Monthly Rates & Taxes: Approximately R7,100
Monthly Rental Income: Approximately R73,957.76 (excluding VAT)
Total Building Area: ±1,146m²
Land Size: ±1,590m²
Tenant Utilities: Water and sewerage costs fully recoverable via individual unit water meters
Unit Features: Each unit includes a ground-floor office with kitchen and bathroom, an open-plan first-floor office with bathroom, and a warehouse with high-volume ceilings and large roller shutter doors for easy truck access
Secure Parking: Generous parking spaces within a fully secured yard
Asking Price: R9,500,000 (zero-rated VAT applicable)
Lease Details:
Lease renewals scheduled between February 28 and July 31, 2026
Unit 1: 214m², occupied since October 2023, 8% escalation, expires March 31, 2026
Unit 2: 211m², occupied since March 2018, 8% escalation, expires February 28, 2026
Unit 3: 211m², occupied since August 2019, 8% escalation, expires July 31, 2026
Unit 4: 317m², occupied since March 2018, 8% escalation, expires February 28, 2026
Unit 5: 193m², occupied since June 2019, 8% escalation, expires May 31, 2026
This property is an excellent choice for investors seeking stable rental income
Contact us today to arrange a viewing and explore this exceptional opportunity!
Property Highlights:
Monthly Rates & Taxes: Approximately R7,100
Monthly Rental Income: Approximately R73,957.76 (excluding VAT)
Total Building Area: ±1,146m²
Land Size: ±1,590m²
Tenant Utilities: Water and sewerage costs fully recoverable via individual unit water meters
Unit Features: Each unit includes a ground-floor office with kitchen and bathroom, an open-plan first-floor office with bathroom, and a warehouse with high-volume ceilings and large roller shutter doors for easy truck access
Secure Parking: Generous parking spaces within a fully secured yard
Asking Price: R9,500,000 (zero-rated VAT applicable)
Lease Details:
Lease renewals scheduled between February 28 and July 31, 2026
Unit 1: 214m², occupied since October 2023, 8% escalation, expires March 31, 2026
Unit 2: 211m², occupied since March 2018, 8% escalation, expires February 28, 2026
Unit 3: 211m², occupied since August 2019, 8% escalation, expires July 31, 2026
Unit 4: 317m², occupied since March 2018, 8% escalation, expires February 28, 2026
Unit 5: 193m², occupied since June 2019, 8% escalation, expires May 31, 2026
This property is an excellent choice for investors seeking stable rental income
Contact us today to arrange a viewing and explore this exceptional opportunity!
Features
Zoning
Interior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
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Calculators:
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Disclaimer
While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
