Tenanted warehouse for sale close to N1 Wellington
This 5200m2 warehouse and factory on the R44 in Wellington is just 13km from the N1. The property is an older warehouse but the buildings are in good condition, the sides and roof clad with asbestos sheeting. Estimated rental income is R165,381.00pm.
Also currently for sale is an (almost) adjoining factory with a temperature controlled manufacturing area and warehouse. Previous tenant rented both premises and will honour lease obligations till lease end (April 2021). This industrial area has been ear marked for upgrade so there are opportunities in store. Contact me for more info.
Current monthly rental R165,381.00
Annual net rental R2,088,762.03
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