Industrial property with rental income in Ermelo

PROPERTY ADDRESS: DR NICOL STREET, INDUSTRIA, ERMELO, MPUMALANGA

Auctioneer’s Note:
Industrial property in perfect location with great rental income!!
Former Clover Plant!

Property Extent: ± 3,6705 ha

GLA: ± 4 960m²

Current Income: ± R 1,046,000 p.a (Incl Vat)(For 50% of property)

Potential Income: ± R 2,200,000 p.a (Incl Vat)

Improvements:

• Covered parking for 37 vehicles (± 548 m²)
• Office block with reception area, modern offices, open plan office areas, air conditioning, safe & toilet facilities (± 493 m²)
• Guard house (± 96 m²)
• Storeroom with changing rooms, toilet facilities, kitchen & canteen (± 596 m²)
• Large warehouse with offices & toilet facilities, large roller shutter doors and canopy over loading area (± 1 345 m²)
• Undercover workshop
• Boiler room/workshop area (± 328 m²)
• Various open areas which can easily be utilised for further development.