R28,000,000

Industrial for sale in Nerissa Estate

17 Polaris Rd
5,000m²
5,790m²
Fully Tenanted Investment Property

Large 5000m2 fully tenanted building situated on a 5790m2 Erf, located in the popular Nerissa Estate, Lansdowne.

Take advantage of a high yielding investment property with tons of potential. All leases are secured until 2026 and offer a handsome monthly rental with 10% escalation.

The building is in good condition and there is remaining bulk if one wanted to increase the earning capabilities. The property is zoned General Industrial 2.

Nerissa Estate is a thriving industrial/retail hub located in the Southern Suburbs and has great access to main transport links.

Please contact Justin Thane to enquire about this property and ask for the yield analysis.

Property Type
Industrial
Stand Size
5,790m²
Building Size
5,000m²
Reference
2204798
Address
17 Polaris Rd
Property history
Listed for sale at R28,000,000
05 Dec 2023
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