10% Yield Tenanted Investment Property in Capricorn Park

Ref # 2240100
Property Details

Capricorn Park is a Business and Industrial complex located near Muizenberg and Marina da Gama. The development consists of both commercial and industrial development. Access to the development is via manned access gates at both the front and rear entrances, which are going to be upgraded in the near future. The main entrance to the park is from Prince George Drive (M5), which in turn provides access to the N1-and N2-National Roads. In addition to this, Military Road which runs perpendicular to the M5 provides access to Main Road and indirectly to the M3 highway. This premises is situated close to Capricorn Drive, the main route through the development.

Capricorn Park has recently undergone a robust security upgrade, with brand new cameras located in in every part of the complex and at least six mobile patrol guards on site 24/7. Access to the park is by e-tag and visitors are required to sign in with their driver's and car licences being scanned.

-Unit is in pristine condition and recently been upgraded

-All offices are air-conditioned

-Ground floor and first floor offices, with bathrooms for ladies and gents

-Large roller shutter door provides access at the back.

-3 phase power

-7 open parking bays

-Tenant in place until the end of November 2024

-More than 10% yield!

What's the next step? Just reply to this listing with your contact details to request a call back. You can also call the broker specialist for the area directly, Simon Solomon of Safcom Properties. You can be assured of a quick response and professional service to assist you to make informed decisions in your property search

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Available From
29 Apr 2024
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