Tenanted Stikland factories offer investor a tidy income

Two tenanted adjoining warehouse factories in the heart of the northern suburb of Bellville’s Stikland node will fall under the hammer of the ClareMart Auction Group at their Multiple Commercial and Investment Property Auction at the One and Only Hotel Waterfront on Wednesday, January 28 at 12:30.

Unit One and Unit Two 17 Tedric Avenue comprise 735m2 and 695m2 respectively and bring in a tidy rental of approximately R682 000 per annum.
Unit One and Unit Two 17 Tedric Avenue comprise 735m2 and 695m2 respectively and bring in a tidy rental of approximately R682 000 per annum.

“The units bring in a tidy rental of approximately R682 000 per annum and provide the investor with an industrial property with many features in a high demand location” says agent, Anton Koegelenberg.

Unit One and Unit Two 17 Tedric Avenue comprise 735m2 and 695m2 respectively. “The property boasts three road frontages and as such offers excellent signage potential” says Koegelenberg. Each warehouse offers a double volume office area and roller doors that allow for the receiving and dispatch of containers.

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“The units are both complimented by four cloakrooms per warehouse and have designated ablutions for factory and office or visitors” adds Koegelenberg.

Unit One and Unit Two 17 Tedric Avenue may be viewed on Tuesday 20 from 12 noon until 3pm and will be auctioned at the One and Only Hotel Waterfront on Wednesday, January 28 at 12:30. For information contact Anton Koegelenberg on 021 425 8822 or visit www.claremart.co.za

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