R18,000,000
9 Springbok Road
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Monthly Rates
R28,632
R28,632
Industrial Park
This industrial park comprises of 5 fully let warehouses and factories, as well as additional office space, with a total gross lettable area measuring 6647m2. The 5 warehouses are adjoining, which affords tenants the opportunity to lease larger space, if required. Each unit has 1 on-grade roller door, with direct access onto the public road. There is ample 3 phase power making it suitable for both manufacturing and warehousing.
Unit 1: Measures 1040m2
Unit 2: Measures 1040m2
Unit 3: Measures 1753m2
Unit 4: Measures 1340m2
Unit 5: Measures 1178m2
Office Space: Measures 296m2
INVESTMENT SUMMARY
- The warehouses are always in high demand, due to their competitive rental prices, practical design, versatile usage and close proximity to Main Reef Road.
- The leases escalate between 7% and 8% per annum.
- This is a viable investment at a yield of approximately 12%.
For more detailed information, please contact me.
Unit 1: Measures 1040m2
Unit 2: Measures 1040m2
Unit 3: Measures 1753m2
Unit 4: Measures 1340m2
Unit 5: Measures 1178m2
Office Space: Measures 296m2
INVESTMENT SUMMARY
- The warehouses are always in high demand, due to their competitive rental prices, practical design, versatile usage and close proximity to Main Reef Road.
- The leases escalate between 7% and 8% per annum.
- This is a viable investment at a yield of approximately 12%.
For more detailed information, please contact me.
Features
Zoning
Industrial
Title
Freehold
Interior
Power (3 Phase)
Yes
Power (Amps)
400
Exterior
Security
No
Sizes
Floor Size
6,647m²
Land Size
8,093m²