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8 Moller Street, Germiston South, Germiston
8 Moller Street, Germiston South, Germiston
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This positive income generating commercial industrial property is located in south Germiston ext 4, the EFR size close to 10000 SQM, under roof lettable area is 5300 SQM.
THIRTY EIGHT fully occupied factory workshops & Offices are occupied by various tenants, the structures vary from small to large factory units.
Male and Female ablution for units that do not have toilet facilities. Internal maintenance of the property is in great condition.
Security patrols are done from 7pm at night to 7am. Tenants have free access to the property and can choose to work 24 hours.
a general tuck shop (paying tenant) on site to serve the tenants needs.
There 120 parking available of which 33 are under cover also catering for truck parking.
the area is very well secured with high rise walls.
Zoning - Industrial 2
Annual income (exc Vat) R3,504 000.00
Annual expense (Exc Vat) R1,112 580.00
net annual income r2, 391 420.00
April 2023 annual increases are to be implemented.
Income and expense summary on request. The property is Vat registered.
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