R5,500,000

R5,500,000

3,000m² Storage Unit For Sale in White River Central
Covered
Open
9C Klokslag Selfstorage, 9C Danie Joubert
Hans Meyer

This Self storage building is so unique, iit generates an annual income that is sustainable.

Web Ref. WTR-CS00047
Land size 3850.00 m²
Floor size 3000.00 m²
Monthly Bond Repayment
R53,419.37
Envision an Industrial general building of 3,000 sqm, centrally located in White River, providing quick and easy access to all the major roads in and from town.

What makes this Warehouse / Self storage building so unique, is that it generates an annual income of roughly R1,029,600. How is that possible? There are fifty (50) storage units, varying in size from 12 sqm to 82 sqm, with easy access for Tenants.

The income is only one part of the uniqueness of the building. The other is the way it has been dissected into multiple sections, making it robust in terms of being able to cater for various consumer needs. The moving around of Tenants into and from the building is a breeze with the Supervisor being able to control the tenancy from the office on site.

There are several long term Tenants in this awesome building, making budgeting fairly easy. To my mind the Owners made an excellent decision to have the large Warehouse split into smaller rental spaces, instead of focusing to rent out the Warehouse in bulk.

Deciding to make it a self storage Unit was a brilliant decision, because the local community are always in need of storage space, due to an overflow of furniture, boxes, garden tools, trailers, caravans, etc at the various dwellings.

The condition if the property is good as it saw a lick of new paint. The buildings are old, but structural sound. There is three phase electricity in the building and each unit is metered separately.

Although a small portion of the buildings are not occupied, this is addressed by splitting the remaining sections to even smaller rental units, in order to accommodate Tenants who do not need large space for storage.

Viewing of the Warehouse / Self Storage can easily be arranged by merely calling or sending a Whatsapp to Agent Hans Meyer of Century 21 to arrange access.

Registered with the PPRA, under Grey Moon Properties t/a Century 21 White River, registered with the PPRA as a Business Practitioner, who operates a trust account.
Monthly Rates R8,000

Features

Zoning
Commercial
Interior
Airconditioning
1 Kitchen
10 Bathrooms
Sizes
Land Size 3,850 m²
Floor Size 3,000 m²
Parking Bays
4 Covered Parkings
14 Open Parkings
Additional Amenities
24 Hour Response
Alarm System
Wheel Chair Friendly
Access Gate
Fence
Paveway
Aluminium roof
B Grade building
Several long term Tenants
Building facing West
Listing Info
Date Listed 26-07-24
Time Listed 09:05

White River Central, White River

White River is situated in the heart of the gracious living environment that is The Lowveld. White River lies 20km north of Nelspruit not far from the border with Kruger National Park. White River has a population of about 20,000 and is located in an area of considerable scenic beauty. The climate is said to be one of the best in South Africa, neither excessively hot in summer when rainfall is at its highest, nor overly cold during the sunny winters. The farms tend to be relatively small but the agriculture is intensive with tropical and citrus fruits in abundance, and vegetables and cut flowers readily available. Dating back to 1904, at the end of the Anglo Boer War, when Lord Milner established an irrigation farming scheme for...
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Finance

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