Stunning 1365m² building for sale in Maitland, Cape Town—ideal for investment
Investment Opportunity in Maitland: High-Yield Industrial Property with Significant Upside Potential
We're presenting an excellent investment opportunity in Maitland, a well-established industrial area with strong demand for versatile spaces. The property, priced at R6,850,000, offers a substantial 1,365m² of space, including 1,111m² under roof and a rare 312m² yard—an invaluable asset in this location.
Key Financial Highlights:
Current Monthly Rental Income: R57,098 Rental Escalation: 8.5% in April, significantly boosting returns. CAP Rate: Post-escalation, the CAP rate exceeds 9%, ensuring a strong return on investment. Zoning: MU2, allowing for flexible usage and potential future development.
Strategic Advantages: Weighted Average Lease Expiry (WALE): 1.5 years, providing stability while allowing for renegotiation or new tenant opportunities in the near term.
Low Holding Costs: With rates at R5,289, insurance at R2,000, and maintenance at R2,900, the property is cost-effective to manage. Value Appreciation Potential: Maitland’s industrial market is tight, particularly for properties with yard space. The 312m² yard increases desirability for a wide range of tenants, ensuring minimal vacancy and strong rental growth prospects.
Investment Case: This property offers a robust, immediate cash flow with the potential for substantial appreciation. The upcoming rental escalation and the rare yard space make it a compelling buy-and-hold project. In just two years, with the expected market appreciation and rental income growth, this investment is poised to deliver significant profits.
Secure your stake in this high-demand industrial hub and benefit from both the stable income and potential capital growth. This is an ideal investment for those looking to maximize returns in a relatively short period while holding a versatile, low-risk asset. Sole mandate.
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Disclaimer: While every effort will be made to ensure that the information contained within the 3Cube Property Solutions website is accurate and up to date, 3Cube Property Solutions makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
