Properties on Auction on 23 March 2017 Summer Place, 69 Melville Road, Hyde Park

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Bottling Distribution Centre - Soweto

 
Address:
1028 Koma Road,Jabulani
Suburb:
Soweto
Province:
Gauteng
Country:
South Africa
Web Ref:
107017
Description:
Warehouse & Bottling Distribution Centre for A.B.I
Located just behind the Jabulani Mall
On the corner of Koma Street, a busy main road of the area
Convenient access-road for delivery vehicles
Erf size: 2 809m²
Security wall and gate with CCTV cameras
A 2 year Triple Net Lease in place (8% annual escalation) (There is a head lease over the property for five years should ABI not renew their lease)
± 15 Months left to the lease, with a renewal option
Net Annual Income: +/- R521 000.00
Zoning: Business 1
Adjacent to the Jabulani Manor apartment complexes
Great upside (± 1 quarter of the erf is currently not utilised)

Auction Details

Date:
23 March 2017
Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park

Sales Executives

Name:
Cliff Matshatsha
Mobile:
 

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