Knysna Industrial Building With Good Return For Sale

Business description

Commercial building with excellent return on investment Knysna for sale

Land size : 1744 sq m
Building size : 1050 sq m

Approximate Replacement cost :
Land R 1,400,000
Building R 3,150,000

Total replacement cost : R 4,550,000

Current nett annual income : R 233,106

Selling price : R 2,870,000

Return on investment: % nett return Year
8.1 2010
8.9 2011
9.8 2012
10.8 2013

Industrial Property : rental information
Unit Sq m Actual rental Renewal Date
1 227
2 155 R 5,500.00 01 March 2012
3 153 R 3,500.00 01 March 2011
4 147 R 3,500.00 31 January 2012
5 134 R 4,405.50 01 March 2012
6 41 R 1,100.00 Monthly
7 41 R 1,320.00 30 September 2010
8 41 R 1,320.00 01 February 2012
9 41 R 1,200.00 31 August 2012
10 40 R 1,200.00 31 August 2012
11 41 R 1,200.00 31 August 2012
average/ sq m
Totals 1059.5 R 24,246 R 22.88

Insurance R 520
rates R 1,800
water/elec R 2,500
Total expenses R 4,820

Nett rental after expenses R 19,426
Annualised : R 233,106

R2 870 000
Commercial

Property information

Real Estate:

Real Property Included