An excellent opportunity to acquire a tenanted industrial property in Silica Road, Sand Industria, Athlone, offering investors an established income stream and attractive investment fundamentals.
The property is currently occupied by a successful operating concrete manufacturing business, with a lease-back agreement in place, providing the purchaser with an immediate investment opportunity and an established tenant.
Investment Highlights:
Erf size: 2,224m2
Established concrete factory / industrial operation
Successful operating business
Lease-back in place
Targeted yield of approximately 11%–12%
Buy-back option available after 2 years
Asking price: R7,800,000 + VAT
Well-positioned in Sand Industria, Athlone
Suitable for investors seeking an income-generating industrial asset
The combination of an established business, lease-back arrangement and attractive projected yield makes this an opportunity worth considering for investors looking to add income-producing industrial property to their portfolio.
The buy-back option after two years provides an additional element to the investment structure, subject to the agreed terms and conditions.
Asking Price: R7,800,000 + VAT
Contact us today for further information, financial details and to arrange a viewing.
