Industrial Property - Passive Income Business

Western Cape

R 5 900 000

Financial Information

Detailed financials available on request

This industrial property is now available, in the Garden Route. The seller is looking to sell his interest in the Closed Corporation. The Closed Corporation owns two buildings: two sectional title units and a second building with 4 units and an upstairs storage area. There are two factories available of 240sqm each, both rented out. All 4 factory units (full title, total 900m²) in the second building is fully let. The opportunity is offering a great Return on Investment above 8% p.a.

Reason for selling

Annual revenue
R 537,241
Monthly cash flow
R 59,904
Stock value
R 0