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R2,400,000 | 1,800m² Factory For Sale in Primrose

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R2,400,000

31 Main Reef Road

Monthly Rates
R6,578

2550m2 Investment property for Sale in Primrose

Embark on a rewarding investment journey with this remarkable property nestled in the vibrant community of Primrose, Germiston. Spanning an impressive 2550m2, this fully tenanted gem presents a diversified portfolio comprising a bustling scrap yard, reputable car parts dealer, and thriving wood shop. The longevity of these established tenants underscores the stability and reliability of this investment opportunity, ensuring consistent returns for discerning investors.

With tenants who consistently meet their payments and have a longstanding presence within the units, this property boasts a 13% return on investment. Its strategic proximity to major routes and the bustling OR Tambo International Airport enhances its appeal, promising both convenience and accessibility. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a lucrative venture, seize the opportunity to secure your financial future with this prime investment property in the heart of Germiston's thriving commercial landscape.

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Zoning
Commercial
Exterior
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No
Sizes
Floor Size
1,800m²
Land Size
2,550m²
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-26.1967909877, 28.1515419445

Primrose in the news

SARB'S MPC CUTS REPO RATE

The SA Reserve Bank's Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points to 6.25% from 6.5% - a unanimous decision.
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