MLS#: 1945

$527,153 USD

ZAR9,900,000

The details

Property features

Date Updated: Apr 27, 2024

Description

The property is centrally located in a light industrial area of North End in East London, adjacent to the East London CBD and Braelyn. Properties in the area are generally older type warehouses with an average marketability. The property, zoned Industrial Zone 1, consists of a large main double storey building with various offices, two retail premises and a warehouse at the rear. The office section has a reception, waiting room, kitchen and ablutions on the ground floor and a boardroom, two offices and ablutions on the first floor. The rear warehouse premises has various sections from modern to standard factory finishes. Included in the 2223 sqm lettable area is 355 sqm offices, 415 sqm retail premises and 1453 sqm warehouse space. The premises can easily be separated into two or more sections to accommodate different tenants. Rental return of 10% plus.

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Location

East London
Eastern Cape
South Africa