The Gossard’s building in Elsies River, also known as Double D Business Park has had it’s price reduced to R 15 Million making it an extremely attractive proposition for a occupier, investor or developer . The property has rights in place for redevelopment into a multi story apartment block and the developer will entertain a joint venture. This property which is well located across the road from Elsies River station and next to the Taxi rank has a lot of possibilities!
- A developer could demolish it and build residential units (rights are in place and developer will entertain a joint venture).
- A developer could convert the property to smaller industrial units with factory shop appeal.
- It could be converted a call centre.
- An owner occupier could locate their business here at a bargain price.
The space Available is as follows:
Main Warehouse Space 5,500 m² (Situated on ground floor over 2 open plan areas)
Offices 1,000 m² (Open plan offices and 4 managerial offices situated over 2 floors)
Canteen / Changing Rooms 730m² (Staff break-away rooms situated on the 1st floor)
Parking +/- 1,500m² (Outside parking for approximately 80 cars, not included in warehouse area)
TOTAL FLOOR AREA 7,230m² on a site of R10,285m² .
This is an industrial property investment worth investigating!