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R2,650,000

12 Rectangle Street
Monthly Levy
R5,315 Excl. VAT
Monthly Rates
R2,338 Excl. VAT

Fully Let Industrial Units with Solar and Ample Parking

(Exclusive Sole Mandate)

An excellent opportunity for investors to acquire two connected industrial units (346m² total) with a reliable tenant and solid rental income in place.

Property Overview:
• 346m² combined floor space (two connected units)
• Roller shutter door linking both units for flexibility
• Includes a R200,000 Victron solar system (energy savings)
• Fibre internet installed
• Alarm system & CCTV for added security
• Ample secure private parking for tenants (a significant value-add)

Financial Highlights:
• Gross Rental Income: R23,261.80/month (until 31 August 2025)
• Escalating to R24,890.12/month (1 Sept 2025 – 31 Aug 2026)
• Rates & Taxes: R2,338.00/month
• Levies: R5,315.00/month (covers building insurance & external maintenance)
• Gross Yield: 11.27%
• Net Yield: 7.81%

(Net Yield calculation based on Gross Rental minus Rates & Taxes and Levies only. It excludes other ownership costs such as internal maintenance, property management, and audit fees.)

Investment Highlights:
• Immediate passive income with a secure lease in place
• Low-maintenance property with premium infrastructure
• Energy-efficient setup reduces tenant operating costs
• Security systems and fibre connectivity already installed
• Secure parking enhances tenant retention
• Prime industrial location with excellent accessibility

Enquire today to secure this high-performing industrial asset and add a quality investment to your portfolio.

Please note: The purchase price of R2,650,000 excludes VAT. The property is currently owned by a VAT-registered company.

Features

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0
Zoning:
Industrial
Exterior
Security
Yes
Sizes
Floor Size
346m²
Extras
Energy Backup Unit • Near Public Transportation • Fibre • Brick • Near Highway • Closed Circuit TV • Alarm System • Good reachable traffic • Near Railway station • Security - System
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

36,503.75

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