Warehouse Space 121 Rissik Street, Beaconvale, Beaconvale

Sale Lease Back Opportunity

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1504 m2 TENANTED WAREHOUSE / RETAILING SPACE FOR SALE IN BEACONVALE WITH 5 YEAR LEASES
Two units each tenanted on 5-year leases

Rental income R108,000

VAT zero-rated

The yield of 9.53 %

Yard space for interlinks

Great exposure on very busy Fancie van Zyl rd.

Subject to each tenant receiving another 5 x 5-year leases

The tenant has been Retailing from there for 25 years.

5.4 m to the eaves

Selling for R11,9mil

Building Description

The warehouse for sale in Beaconvale is centrally located and easily accessible from the N1 via Giel Basson Drive. Beaconvale offers a variety of business parks, and large distribution warehouses for established and new businesses.