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54 Radio Street, Alberton

Industrial Block - Triple Net Lease (AAA)

INDUSTRIAL BLOCK - TRIPLE NET LEASE (AAA)

The subject property is an industrial block comprising of seven neat, well maintained industrial properties which have a triple net head-lease over the entire block. The property is further sublet to three different tenants.

The seven properties have been immaculately maintained with new roofing and flooring.

The head lease was a 10 year lease which is only expiring in August 2027.

This is a must buy property for investors looking for a strong yield!

Key Features
- Entire industrial block
- Triple net head lease
- GLA: ± 4 116m²
- ERF: ± 8 565m²
- NAI: ± R2.7M

Features

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0
Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
4,116m²
Land Size
8,565m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

253,071.80

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