R11,950,000
Investment Property For Sale in New Germany, Pinetown
Property Specifications:
Floor Area - 1175sqm
Asking Price - R 11,95m
Rates - R14,423.47
Fully Tenanted
Ground Floor - Tenant 1 - Expiry 28/02/2026 - Monthly Rent R62,447.53 - Escalation 10%
Lower Ground Floor - Tenant 2 - Expiry 31/12/2026 - Monthly Rent R27,500.00 - Escalation 8%
Yard - Tenant 3 - Expiry 31/08/2029 - Monthly Rent R37,547.51 - Escalation 10%
Total Monthly Rent R127,495.04
Total Annual Rent R1,529,940.48
New Germany forms part of the western suburbs of Durban. The node is east of Pinetown and accessed via the M19 from Umgeni Road in Durban. The node is known to be heavy industrial as a large supply of power can be found, it is accompanied with moderate rentals. The area is amongst many public transport stops and convenient amenities
Points of interest in relation (in km) to New Germany:
Durban Port - 25.2km
M7 Highway - 4.8km
King Shaka Airport - 39.4km
N3 Highway - 4.0km
We specialize in commercial and Industrial property in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
New Germany, Pinetown, Maxmead, Westmead, Mahogany Ridge
Features
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,175m²
New Germany, Pinetown
New Germany is in the western suburbs of Durban. Accessed via the M19 from the east, and the M5 from the North and South. The node is ideal for manufacturing as a large amount of power is in the area. The area is known to have moderate rentals and have performed well in the investor market.
Points of interest in relation (in km) to New Germany:
Durban Port - 25.2km
M7 Highway - 4.8km
King Shaka...
More Info
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Disclaimer: While every effort will be made to ensure that the information contained within the Upside Properties website is accurate and up to date, Upside Properties 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.