- 5 654 m2
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Mun. Rates & Taxes: ZAR 24080.00
Property description
This prime, well-positioned industrial property comprises 2 erven with a total of 5,654 sqm of modern industrial, office, and showroom space.
Key Features
• Main Warehouse: 2,350 sqm: Practically brand new, offering 9–10m height, no columns, superior flooring, and a fully automated compliant sprinkler system.
• Warehouse 2 : 750 sqm.
• A-Grade Offices & Showrooms: Recently upgraded with modern staff, canteen facilities, kitchenettes, and ablutions.
• Independent Units: Three separate units - 552 sqm, 389 sqm, and 223 sqm with their own access.
Occupancy
• Current tenants occupy 1,164 sqm.
• The balance - 4,490 sqm is fully occupied by Home Fabrics (Belgium-based company).
Recent Upgrades
• New roof installation - no asbestos.
• New central air-conditioning system.
• Full fire detection system - installed January 2025.
• Two on-site generators - included in sale.
• Upgraded kitchenettes, ablutions, and staff areas.
• Fully automated CCTV security system throughout the facility.
• All compliance certificates available.
• Optional racking available by negotiation.
Investment Opportunity
• Seller offers a 2-year Head Lease over the full 5,654 sqm at R175,000 + VAT per month - triple net, fully repairing lease – terms negotiable.
• Existing tenants are invoiced directly.
• Ideal for investors seeking strong returns or owner-occupiers looking for A-grade premises.
VAT payable if applicable
Seller is willing to sign an 26 month lease agreement with the purchaser.
Property Details
Property Features
| Erf Size | 5 654 m2 |
