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2 X INDUSTRIAL PREMISES - 60 & 62
Frere Rd LORENTZVILLE
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60 FRERE RD GLA
- 509 m2
62 FRERE RD GLA
- 263 m2
ZONED COMMERCIAL 1 |
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 PROPERTY INFORMATION
Physical Address
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60 FRERE ROAD LORENTZVILLE |
Township
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JOHANNESBURG |
Zoning
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COMERCIAL 1 |
Floor Area Ration
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2,1 |
GLA
|
509 m2 |
Coverage
|
70% |
Current use of property
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PACKAGING COMPANY |
Legal Identification
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STAND 416 LORENTZVILLE |
Registered Servitudes/Restrictions
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| Municipal Authority |
JOHANNESBURG METROPOLOTAN
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Building lines
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Land size
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892 m2
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 INCOME
PM - DETAILS OF TENANTS
| INCOME
R7500.00 PM
Tenant is prepared to sign a new
3 year lease starting at R8500.00 PM
This property is held by a NON VAT Pty Ltd
DETAILS
Very neat well maintained factory with high roof and
large open area. Parking for 4 Cars.
Asking R2.5 Million for two factories Number 60 and
62 Frere Road.
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EXPENSES ( MONTHLY )
Rates and Taxes
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R710.00 |
| Water and lights |
R420.00 Recoverable |
| Maintenance |
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| Insurance |
R370.00 |
| Other |
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PROPERTY
INORMATION
Physical Address
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62 FRERE ROAD LORENTZVILLE |
Township
|
JOHANNESBURG |
Zoning
|
COMERCIAL 1 |
Floor Area Ration
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2,1 |
| GLA |
263 m2 |
Coverage
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70% |
Current use of property
|
PACKAGING COMPANY |
Legal Identification
|
STAND 220 LORENTZVILLE |
Registered Servitudes/Restrictions
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| Municipal Authority |
JOHANNESBURG METROPOLOTAN
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Building lines
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Land size
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447 m2 |
INCOME
PM - DETAILS OF TENANTS
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INCOME
Current rental income is R7500.00 PM
Tenant will sign a 3 year lease at
R8500.00 PM with an 8% escalation P/A.
DETAILS
This property is in a VAT registered Company
PARKING 1 BAY
This is part of two factories which should go together:
Numbers 60 and 62 Frere Road.
Asking Price R2.5M for the two factories together
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EXPENSES
( MONTHLY )
Rates and Taxes
|
R710.00 |
| Water and lights |
R420.00 Recoverable |
| Maintenance |
|
| Insurance |
R370.00 |
| Other |
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ALTHOUGH CARE HAS BEEN TAKEN INTO ASSEMBLING INFORMATION, RADISUN CANNOT BE HELD RESPONSIBLE FOR ANY OMMISSIONS ON BEHALF OF THE SELLER
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