A prime Warehouse & Distribution Centre is available in Epping. This is truly a “State of the Art” property. with a rentable area of 16,220m², it is up for lease at R 55 per m², Ex VAT. This Epping property has a massive concrete, hardstand which covers most of the 3.8 Hectare site which the warehouse is situated upon. Some of the properties key features are as follows: Guard House, Sprinkler System, Optional Racking system with Sprinklers “in rack”, Raised Floor, Multiple Doors, Dock Levellers, Loading Canopies, CCTV System, Fingerprint access control, Driver’s change room and shower facilities off the main site. The internal height of the property is over 15 metres allowing for use of the extensive volume of the property. If you calculate the rental on a cubic square metre basis this property offers good value.
At R 55 per m² ex Vat, this property is good value for warehousing, Distribution and logistics companies. The facility is only a few years old and is literally in a brand new condition. A comparable new facility would have to be let at Gross rentals of at least R 65 per m² to be viable but are no sites in Epping to allow a development of this size. Viewing of the property is by appointment only.
Epping Industria is one of Cape Town’s most central Industrial areas. Epping Industria is undergoing a rejuvenation phase and it is becoming increasingly popular for warehousing and distribution. You can read our previous post on Epping property here “Epping, Cape Town’s most central industrial property area”.