Description
Real Estate x 3, Self Storage x 3 Businesses, passive income generated self-storage facilities with low maintenance fully digital online application website function. 1-Two legal entities, one CC on the 3 x commercial properties, 9165 square metres in total, and the other CC, the 3 x Self Storage businesses, both are sold as one. 2-All facilities situated in close proximity to all major towns in the Overberg areas 3-Two of commercial properties buildings have flats on site, and one of these two have a hoist for access with managers that are 24 hours available. 4-The businesses supplies transport with a truck in the Overberg areas. 5-Facilities are situated next to major provincial roads for excellent exposure” 6-Additional land available, as part of the commercial property CC, for future expansion.” 7-All facilities fitted with security beams and linked to security companies in the areas, plus flood lights. 8-All units purposely build brick structures with lockable aluminium garage doors, and no windows in the storage units. 9-Access to premises via “Gate-Keeper” system, strict access control, with tenants own lock and key. Since 2011, established in the market, no competition, 71% rental occupation average per month, so lot's of potential to increase rental % occupation.
Listing Details
- Listing Number: 95135-961064
- Location: Overberg District Municipality, Western Cape
- Price: R 28,500,000.00
- Down Payment: R 0.00
- Sellers Discretionary Earnings: R 1,560,000.00
- Category: Real Property Rltd
- Inventory: R 0.00
- FF&E: R 114,253.00
- Employees: 1
- Years Owned: 9
- Reason for Selling: Move on to other commercial investments
