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R5,500,000

9C Klokslag Selfstorage
Monthly Rates
R8,000 Excl. VAT

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

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.

Features

4
14
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
3,000m²
Land Size
3,850m²
Parking Bays
Covered Parking Bays
4
Open Parking Bays
14
Extras
24 Hour Response  • Alarm System  • Wheel Chair Friendly  • Access Gate  • Fence  • Paveway  • Aluminium roof  • B Grade building  • Several long term Tenants  • Building facing West

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...
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Disclaimer: While every effort will be made to ensure that the information contained within the Century 21 website is accurate and up to date, Century 21 makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

77,327.49

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