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Industrial property in Cape Town:
GLA : 9400m²
Land : 11112m²
Lease Amount : R330 000pm (c£30 000pm) plus VAT
Lease Term : 10 Years from 1st of month following date of transfer
Escalations : 9% p.a.
Other : Triple Net Fully Repairing Lease with tenant paying rates, insurance and all maintenance.
Asking Price : R 39.6m (c£3.6m)
Yield : 10%
SA asset management available if required.