For Sale R10,900,000 Sale Price - Industrial, Warehouse
This prime property has a total rentable area of 1273m² plus a large yard of approximately 1800m². It is let to a single tenant until March 2021. The tenant has an option to renew for a further two years. The gross annual income is approximately R1,089,000 per annum.
This industrial property is well-located within Airport Industria and it enjoys incredible exposure onto the N2 national road, with over 70 metres of the boundary directly on the N2. Access to the N2 and R300 highways is very easy, leading to other arterial roads. The boundary wall on the N2 is high, with the property being completely walled/fenced in.
Of the total size, there is approximately 118m² mezzanine and 118m² offices or storerooms. The yard is paved with heavy duty paving, making it suitable for large vehicles. Access into the building is easy, with 7 large, high roller shutter doors. The gate to the premises is fully automated.
The building is on the same level as the yard, and the yard is level. The building comprises of offices, storerooms, a kitchenette, toilets etc. There are no pillars in the almost square workshop area and there is a good balance between buildings and yard space. The structure itself is in good condition and asbestos free, with the roof and eaves being higher than standard and also well-insulated. The floor of the building is in very good condition and clean, as is the paving and fencing.
Airport Property has the Sole Mandate to sell this property.
- Warehouse Size: 1155m²
- Office Size: 118m²
- When Available: Immediate as investment or occupy 1 March 2021
- Yard Size: 1820
- Power Type: 3 Phase
All information herein is from sources deemed reliable but no warranty is made as to the accuracy, and same is submitted subject to errors, omissions, prior sale, rental or withdrawal without notice. All sizes are approximate and monetary values exclude VAT.