Sectors / Category

Annual turnover

|
  • Mandate: 31733
  • Added: 16 Dec 2017
  • AFS
  • 878

2.9 hct Land With 12 Light Industrial Unit, Good Passive Income Lowveld

Mpumalanga, Lowveld
878
Mandate 31733
Added 16 Dec 2017
R 8,700,000* ZAR
Stock: R 0
Assets: R 7,600,000
R 80,328 ZAR
Debbie Sardoz
(PRINCIPAL)
Aldes Lowveld
Mpumalanga
Summary

Profitable business opportunity, includes 2, 9 hct prime sought after land with 12 light industrial income earning units and opportunity to further expand on in the ever developing Lowveld.

2.9 hct Land With 12  Light Industrial Unit, Good Passive Income Lowveld
SELLING PRICE AFS
R 8,700,000* ZAR
Stock: R0
Assets: R7,600,000
R 80,328 ZAR
Summary

Profitable business opportunity, includes 2, 9 hct prime sought after land with 12 light industrial income earning units and opportunity to further expand on in the ever developing Lowveld.

To gain access to more business info
please supply us with your details below

Fully describe this property and its income earning activities.
The business comprises property of 2, 9 hectares of property with 8 light industrial rentable income earning improvement units on.

How long has the current owner had the business
The current owner of the business has had the business since 2010.

Fully describe the businesses activities
The business comprises 2, 9 hectares of land close to Nelspruit with 8 light industrial units on. There are 4000 square meters with light industrial space under roof. There are 6 of the 8 light industrial units which are currently occupied with tenants who have written contractual leases respectively between 1 and 2 years. The owners minimum lease agreements are for 2 years. The property runs off Eskom power and has borehole water continuously on standby with 30, 000 liters. There is 3 phase electricity available on most of the units

What zoning is the property
The property is zoned Agricultural with business rights. The monthly rates currently are R500,00 pm. The power is supplied by Eskom and the tenants pay for their own electricity with pay as you go electricity which they buy from the owner of the property who purchases it from Eskom. There is 1000kva transformer on site. Besides the improvements on the property there is 1000 sqm which is undeveloped and can be developed on. There are plans for the property .There is on file an aerial photograph available for perusal by a qualified buyer.

Overview of the business.
The business comprises 2, 9 hectares of prime property bordering a short 3, 5 from Nelspruit. The prospect for the future is that Nelspruit will develop towards the businesses property which will definitely add additional value to the property. The business is capable of developing additional rentable units which too will generate additional income. The current rental is based on the fact that there are still 2 unities which are currently not being occupied. The renting of these 2 units will generate additional income; the units are very user friendly in terms of access to Nelspruit and the surrounding geographical area. The reason the units are more attractive to rent is that the asking rentals are more affordable for entrepreneurs in the area in which the business is located. The rental expectation is around 23-28 per sq. There is still vacant land on which to develop new units. The property has 3 phase power on site which is enticing and which once developed will generate more income.

Other listings by Debbie
R 1.45MZAR
Added : 17 Sep 2018 32
Yearly profit : R244,283
Mpumalanga
R 2.85MZAR
Added : 10 Sep 2018 70
Yearly profit : R45,600
Mpumalanga
R 1.20MZAR
Added : 9 Sep 2018 49
Yearly profit : R365,820
Mpumalanga
FRANCHISE DETAILS

Aldes Lowveld

1 members
31 active mandates
Mpumalanga
7 Jakkalsbessie Street, West Acers
1206

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 8.80MZAR
Added : 13 Dec 2016 1126
Yearly profit : R720,000
KwaZulu-Natal
R 10.00MZAR
Added : 28 Oct 2015 878
Yearly profit : R0
North West
R 4.50MZAR
Added : 1 Sep 2015 971
Yearly profit : R0
North West
R 5.00MZAR
Added : 6 Feb 2014 1027
Yearly profit : R0
North West

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.05MZAR
Added : 17 Sep 2018 29
Yearly profit : R263,895
Gauteng
R 1.40MZAR
Franchise
Added : 14 Sep 2018 79
Yearly profit : R322,224
Gauteng
R 1.90MZAR
Added : 12 Sep 2018 93
Yearly profit : R1,082,396
Gauteng
R 510KZAR
Franchise
Added : 3 Sep 2018 167
Yearly profit : R244,588
Gauteng
R 550KZAR
Added : 2 Sep 2018 300
Yearly profit : R614,067
Gauteng
R 1.30MZAR
Franchise
Added : 31 Aug 2018 213
Yearly profit : R510,646
Gauteng
R 1.67MZAR
Added : 30 Aug 2018 354
Yearly profit : R1,410,081
Gauteng
R 790KZAR
Added : 30 Aug 2018 177
Yearly profit : R286,467
Gauteng