Johannesburg Central - MR231291

Commercial in Johannesburg Central, Johannesburg - CBD, Gauteng

R 49,000,000

... Numbers not adding up?

9531m2
Johannesburg Central - MR231291
Commercial in Johannesburg Central, Johannesburg - CBD, Gauteng
R 49,000,000

Key Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 9531m2
  • Price per square floor meter - R5,141 per m2
  • MyRoof Stats

    • 47 Views
    PID=231291 DID=236396 SID=1

    Erf Extent : 2,0231 Hectares Tenant : SG Agility Global Freight Logistics - a joint venture between Supergroup & Agility Lease Term : 5 - years with two 5-year options to renew Net Monthly Rental (1 September 2017) : R 419 052 Gross Annual Income : R 5 162 721 January 2018 - December 2018 Expenses : Triple Nett Lease Nett Income : R 5 162 721 Escalation : 8% Gross Lettable Area : 9531m2 Ave Rate PSM Sale Price : R 5 771 Ave Net Rental Rate PSM : R 45,14 Initial Yield : 10.55% % Estimated Selling Price : R 49 000 000 Remarks: SG Agility is a specialist freight forwarding company providing international air, ocean and road freight services to a diversified global customer base. SG Agility is a joint venture between Super Group and Agility. The new venture was formed after Agility acquired a minority stake in Super Group’s freight forwarding unit, Micor. Founded in 1911, Micor is one of South Africa’s oldest freight forwarding companies with over 100 years’ experience in freight


    What's Next?


    Contact Details

    Contact the seller directly. Access the seller's e-mail address and phone number.


    Save

    Save this property to your favourites for later review.


    Notify

    We will e-mail you when another property of this kind becomes available in Johannesburg Central.


    Share

    Share this property via e-mail, Facebook or Google+.


    Compare

    Compare this property to other properties.


    Boost

    Boost this property on search results.

    Compare x Properties ×