Warehouse Space 84 Pickering Street, Newton Park, Port Elizabeth, Newton Park

R3 390 001 | 390 m2 @ R8692 per m2

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Attractive 390m2 Warehouse For Sale in Pickering Street Newton park

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Well maintained office and warehousing for rent and for sale in Newton Park which is easily accessible to all commuters, including those who travel by means of public transport. The available warehouse in Newton Park is divided into 4 sectional title units which each having its own entrance, signage and parking areas.

84 Pickering Street offers a standalone 390m2 warehouse for sale in Newton Park which is an investors ideal opportunity as it is currently tenanted and produces a rental income of R35 982,06 per month. The available warehouse unit can be divided into two separate units which measure 195m2 each with a total combination of 390m2. The current tenant occupies both units ad is on a long term lease with an annual escalation of 8.5%. The available industrial premises features warehousing, office and retail space as per the current tenants requirements, allowing for flexibility and always being attractive to future potential tenants. The street-facing unit provides tenants with maximum exposure along the busy Pickering Street and allows for parking directly in front of the building. Current rates are R5 798.00 with the sectional title service levy at R4 782,68. Sales price R3 390 000.00 plus VAT.

Broker Details

Adam Yasseen, Commercial Property Broker

Adam Yasseen

M: (+27) 72 406 5761

O: 087 234 8000

E: adam@anvilproperty.co.za

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