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Industrial Property in Johannesburg, South Africa.
Well maintained B Grade industrial property.
Single tenant 10 year triple net lease with rental commencing at R 270 000pm (c£24 545pm) (R14.77/m²) escalating at 8%p.a.
Negotiated a rental guarantee of R7m (c£636 363).
Price R29.5m (c£2.682m) at 11% yield.
SA asset management available if required.