INDUSTRIAL INVESTMENT PROPERTY FOR SALE –  WHITE RIVER

R4 500 000 EXCL. VAT AND TRANSFER COST IF APPLICABLE

This industrial property in Indus Street, White River, offers a combination of workshop, storage and specialised industrial areas, with multiple rental components and additional potential.

The property is divided into three sections:

PART A – Approximately 489m²

• 368m² Workshop
• 121m² Lean-to

Currently occupied, with the tenants in place since November 2023. The current rental is R21,500 excl. VAT per month, with an 8% escalation. The tenant is on a monthly contract and would like to sign for another year if possible.

PART B – Approximately 304m²

• 34m² Store
• 206m² Lean-to
• 64m² Spray booth

Currently occupied on a lease from 1 February 2026 to 31 January 2027, at R15,000 excl. VAT per month, with a 10% escalation.

PART C – Approximately 324m²

• 324m² Workshop
• Wendyhouse

This section is currently vacant, with potential rental income estimated at approximately R22,900 excl. VAT per month.

The property has 3-phase electricity, 80 amps, with two electricity lines serving the different sections. Water is separately metered.

Tenants are responsible for applicable utility and service charges, including electricity and water consumption.

The property currently has an electrical Certificate of Compliance.

The building does have some maintenance considerations, including known leaks, roof painting requirements and various plumbing issues.

With existing rental income from two sections and additional potential income from the vacant workshop, this property presents an opportunity for an investor or owner-user seeking an industrial property in White River.

Sale Price: R4 500 000 excl. VAT and commission.

Contact PDL Property Management for further information or to arrange a viewing.