Detailed financials available on request
The property is located in a town in the Swartland area, 130 km from Cape Town en route to Namibia. The total size of the plot is 4000m² and it comprises two newly-built warehouses / workshops, with floor areas of 500m² each. These Warehouses have the necessary office space and ablution facilities. Both are rented out on long term leases. A part of the vacant space on the plot is also rented out. Rental income offers a good yield on the investment and the annual rental escalation amounts to 8%. There is also ample space on the plot for further development.