Investment Building with Upside Potential

Solid building on the corner with great exposure on Voortrekker and established long term tenants.

The property has a GLA of 4252m2 and is 94% let. Income offers a double digit yield and potential to extend as the property is Zoned Mixed Use and has additional bulk.
Iit is well located within the Maitland metro. One of the significant factors contributing to Maitland's significance is its proximity to the Cape Town port one of South Africa's largest and busiest ports. This favorable location makes Maitland an important logistics and distribution center facilitating the movement of goods and services in and out of the city. The port's presence has positively impacted the local economy by creating job opportunities and attracting businesses to establish their operations in the Maitland metro.

Key Property Features
- MU2 Zoning
- GLA 4,252
- Bulk 8,248
- Roller Shutter Access
- Retail Frontage on Voortrekker
- Ample 3phase power


Notable companies that have established their presence in the Maitland metro include large-scale logistics and distribution firms manufacturing industries and service providers. Some examples include multinational corporations like DHL Coca-Cola and Nestle as well as local companies involved in manufacturing technology and retail. These companies have played a significant role in the area's economic development creating employment opportunities and contributing to the overall growth of the Maitland metro.