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SAIA - South African Institute of Auctioneers

LONG TERM INVESTMENT OPPORTUNITY ADA9 AUCTION IN SPARTAN, GAUTENG AUCTIONED BY THE HIGH STREET AUCTION COMPANY

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SPARTAN - INDUSTRIAL PROPERTY

DESCRIPTION:

Property size: Combined 5185m²Yard size: ± 3200m²Land size: Combined 8463m²2 Adjoining industrial / warehouse facilitiesBoth let to established long standing tenant8 Year lease runs to September 2026 with 8% escalation5 Year option to renew (2031)Projected Net Annual Income ± R2.8 millionTo be sold as one lot
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