17 Christopher Starke St for Sale in Atlantis Industrial

This property offers an exceptional investment opportunity with a reliable net annual income of R555,630, providing consistent returns. It is currently home to nine tenants occupying a total of 11 units, including three offices, eight workshops, and a generous 150m² yard. The diverse tenant mix offers stability and a solid foundation for future growth. Notably, three of the tenant-occupied units have been in place for over five years, showcasing the property's long-term appeal and tenant retention. The 1,146.5m² of available bulk presents exciting potential for further development, allowing you to maximize the property’s value over time.

Strategically located near the City of Cape Town's solar plant, this property enjoys a prime position that ensures both convenience and future growth opportunities. The proximity to key infrastructure enhances its appeal to businesses, making it an ideal space for a range of industrial or commercial tenants. With a proven track record of occupancy and steady rental income, this property is an attractive option for any investor seeking a high-performing asset with the added benefit of future expansion potential.

Township: Atlantis Industrial
Erf Number: Erf 45
Erf Size: 2,292m²
Total GLA: 1,150m²
VAT Registered: No

Municipal Information:
Municipality: City of Cape Town
Monthly Rates: ± R3,753

Title Deed Information:
Number: T15830/2021
Registration Date: 2021/04/07
Municipal Area: City of Cape Town