R2,460,000
R1,800 Excl. VAT
R4,000 Excl. VAT
SILVERTONDALE | MOSAIC STREET | PRETORIA
SILVERTONDALE | 595 SQUARE METER INVESTMENT PROPERTY FOR SALE | MOSAIC STREET | PRETORIA
INVESTMENT OPPORTUNITY!!!
The property is currently leased at a monthly rental of R28,000, with a 5-year contract in place set to expire on February 28, 2029. A rental escalation of 8% is scheduled to take effect on January 1, 2025, ensuring consistent and growing returns for investors.
Silvertondale is a booming industrial node, home to a wide variety of industrial amenities and commodities within the greater Pretoria area. This 595 square meter industrial unit is situated on Mosaic Road. This well-appointed property offers investors a lucrative opportunity with its stable income stream and long-term lease agreement in place. This B-Grade unit is equipped with three-phase power, 2 roller shutter doors, a mezzanine floor, a dispatch area, and a covered loading bay. The office unit consists out of a reception area, multiple offices, 4 sets of ablutions, and 2 dedicated kitchen areas. The unit features neat flooring and windows that allow natural light to pull through.
The unit is conveniently accessible from the main road, and tenants will have exceptional signage opportunities available on the storefront of this property, resulting in immaculate business exposure. The unit offers a paved yard, and an access point for easy entry and exit of small truck access, The unit offers parking bays for tenants and clientele. The property has been secured with twenty-four hour security, access control entrance and exit points. Silvertondale hosts a plethora of amenities and commodities hosted within close proximity of the unit. This includes Wood City, Airconduct, Pat O'Kelly and much more. Staff will have easy access to reliable public transport provided by multiple bus stops situated within walking distance of the unit.
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.