Warehouse for sale in Aeroton, Johannesburg, 8767 m²

Aeroton, Johannesburg, Gauteng

Warehouse

ZAR 64,500,000

• 8,767 sqm

Fully Let Industrial Investment in Aeroton – 10.78% Projected Net Yield Secure an income-producing industrial property in Aeroton, Johannesburg South, with an existing tenant and contractual annual rental growth. This 8,767 m² property is fully let, with a lease expiring on 31 December 2029 and annual escalations of 7.5%. At an asking price of R61.5 million, the property offers a projected forward net yield of 10.78%, based on forward annual net property income of approximately R6.63 million. Investment Overview • Asking price: R61,500,000 — VAT treatment to be confirmed • Gross lettable area: 8,767 m² • Occupancy: 100% • Tenant: Table Charm • Lease expiry: 31 December 2029 • Annual rental escalation: 7.5% • Projected annual net property income: R6,630,000 • Projected forward net yield: 10.78% Property Features Situated within an established industrial precinct, the property combines warehouse functionality with convenient access to major highways. • 15 roller shutter doors • Approximately 7 m warehouse eaves height • Fire sprinkler system • Established Aeroton industrial location • Convenient highway access The existing tenancy and contractual escalations offer investors an estab…