Filters
LocationSouth Africa, Gauteng

Sector - Property

Asking Price
R45,000,000
Monthly Profit
R 436,799
Asset Value
R 45,004,682
Stock Value
R 0
Yearly Net Profit
R 5,241,582

Summary

Don't miss the opportunity to own 6 properties in an Industrial area. It is an easy manageable business .Properties is registered in close corporation as property letting company with 25 609 m2 of gross lettable area or 47 units on the properties which are rented out to various factory owners. Total site area is 35 127 m2. The company has its own maintenance staff to look after repairs.

Give me more information

How does the business operate on a daily basis?

Administrator / accounts person who looks after all the paperwork.
There is 6 maintenance staff for al repairs and maintenance work.

Give a breakdown of staff/ functions/ length of service?

1 x admin
6 x maintenance

Do any have management potential?

No

How involved is the Owner in running the business?

Involved on a daily basis

What are the main assets of the business?

6 x Industrial Properties

Strengths?

Currently fully let with a good customer base
Its located in a fully established industrial node which has easy access to main roads and highways

Weaknesses?

Maintenance and repair on older buildings

Opportunities?

Improvements on the properties will lead to increased rentals and property values

Threats?

Slow economy in South Africa

What is the reason for the sale?

Deceased estate

Location

Contact | Enquire

Louis

Louis Aucamp

LocationSouth Africa, Gauteng

Preferred method of contact

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