1,432m² Warehouse For Sale in Maitland
R7,000,000
8th Avenue Industrial Estate
Web Ref No 6723066
Investment Opportunity Maitland
This unit has now secured a solid tenant for 3 years with a further 3 year option.
The unit is in 8th Avenue Maitland, and offers approximately 710m2 on the ground and a further 710m2 on the 1st floor. Ample kitchen and ablution facilities throughout.
There is roller shutter access, 150 amps of 3 phase power and the unit can easily be split into 2 separate rental spaces, offering further upside down the line.
14 parking bays are included in the sale, with an immediate return of approximately 8.5% after costs. Year 2 will see a double-digit yield on the property.
To take advantage of favorable lending rates and to find out more about this, please reach out to Jackie (Specialist 13) and I'll take you through it.
The unit is in 8th Avenue Maitland, and offers approximately 710m2 on the ground and a further 710m2 on the 1st floor. Ample kitchen and ablution facilities throughout.
There is roller shutter access, 150 amps of 3 phase power and the unit can easily be split into 2 separate rental spaces, offering further upside down the line.
14 parking bays are included in the sale, with an immediate return of approximately 8.5% after costs. Year 2 will see a double-digit yield on the property.
To take advantage of favorable lending rates and to find out more about this, please reach out to Jackie (Specialist 13) and I'll take you through it.
Features
Zoning Commercial
Floor Size 1,432m²
Land Size 1,432m²
Floor Size 1,432m²
Land Size 1,432m²
Broker Contact Details
Message the Agent
1 of 1