Bapsfontein 25ha of Pure potential with excellent ROI

Industrial Property in South Africa province Gauteng, Rpba, Old Delmas Road, Ventershof Ah

R12 600 000

Ad ID 158707

Property Description

This property is situated on the Main Road close to the 4-way crossing in Bapsfontein.
Area has been ear-marked for Light Industrial, but current zoning is agricultural. Application has been lodged and approved by council. Details available on request. Ideal for Truck-Yard, Truck Stop or Commercial/Industrial Development. Zoning to be completed on account of the new owner.

Workshop - size of 5 garages - covered on 3 sides - open in front. Container Office that stays.
House - 3 bedrooms, 1 full bathroom, open plan kitchen/lounge/dining room, study, entertainment area and boma area. Sprinkler system running on grey water in the garden. Double Carport.
Borehole water.
Eskom power 25Kva (can be upgraded to 80Kva)
Access available from 2 streets (one being Main Road)

Land has various tenants:
Scrap Metal Dealer / Trailor dealer / Tyres / Diesel Depot
One tenant that has 3.5 ha under vegetables.
Total Rental Income R29 p/m

Buy the business and land together for R20m
Business has a turnaround of approx R10m/y - Buy, sell & repair of trucks. All services are outsourced.
Nett monthly income R150k/m. Approx 25 walk-in clients per day.
Manager will stay for 1-2 years depending on need of new owner.
Full financials available to serious buyers only.

Eskom has a small servitude in the one corner over this property.
Commerci Properties Pty Ltd Lien Joubert

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