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LIGHT INDUSTRIAL INVESTMENT PROPERTY ADA9 AUCTION IN MAITLAND, WESTERN CAPE AUCTIONED BY THE HIGH STREET AUCTION COMPANY

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MAITLAND - INDUSTRIAL PROPERTY

DESCRIPTION:

Stand size: 3977m²GLA: 3012m²1387m² tenanted by multiple tenants with 1-3 year leasesThe seller will enter into a 1-year head lease over the remaining 1625m²Projected GAI for the 1st year after transfer ± R2 millionThe subject property has great upside with substantial development potential. The subject property is zoned Mixed Use 2 and has allowable bulk of up to 15 988m²
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