KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 7179

37 SELF STORAGE UNITS AVAILABLE FOR SALE WITH AN ESTIMATED NETT INCOME OF ± 15%

37 Self storage units, Strand Storage, Lourens Street, Strand

Property Description

P R O P E R TY D ETAILS

• Brand new, 1st floor, self storage units

• 24 Hour security access with your own access card

• 30 CCTV cameras throughout the park

• Each unit is equipped with its own alarm and fire censor

• Only 8m² units available

• 3 Meter roof height to the ceilings

• Power floated floors

• Big driveways with heavy duty 80mm pavers

• Exterior of the premises is plastered and painted

• Expected rentals from ±R800/m per unit

• Easy access to the N2 highway

• Excellent investment opportunity

• There is a huge demand for rental space and no shortage of tenants

• Sectional Scheme Storage Strand (493/2015)

• Units 240 - 277 (Each 8m²)

• Total Rates for Units 240 - 277 p.a. ± R24,310

• Total No. of units 38 (304m²)

• Zoning: General Industrial 1

• Levy p.a. ± R29,330

Auction Venue

AUCTION VENUE

THE ONE & ONLY HOTEL, V&A WATERFRONT, CAPE TOWN

AUCTION TIME

25/07/2017

12h30

Property Location

Property Info

37 Self storage units, Strand Storage, Lourens Street, Strand

CONTACT AGENT

Andrew Edelstein

0829400478

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