778 m² Industrial space in Maitland

Industrial Space in Maitland

Introducing Unit 1, a spacious 778m2 industrial/warehousing unit located on Voortrekker Road in Maitland, available from the 1st of March. This unit features four roller doors, with three located at the front and one at the back, facilitating efficient loading and unloading operations. Additionally, the unit includes office spaces and three toilets. Op costs of R3 222.

With approximately 100 out of 441 properties currently on the market, Maitland has a moderate vacancy rate. This suggests a relatively balanced leasing market compared to some of the other areas previously discussed. The average cost per m and sup2 of R5,823 is competitive. However, landlords may need to offer competitive leasing rates to attract tenants and fill the vacant properties, especially considering the moderate vacancy rate. The average stand size of 1,450 m and sup2 caters to businesses requiring medium-sized industrial spaces. This can attract a variety of tenants with different space requirements, providing a broader range of leasing opportunities. The sale of 16 units in 2023 with an average property price of R8.44 million indicates moderate sales activity. Investors should analyze the reasons behind the sales volume and consider factors such as market conditions, property pricing, and buyer preferences.

Strategically situated on Voortrekker Road in Maitland, this unit offers prime visibility and accessibility. Maitland is a well-established industrial area with easy access to major transportation routes including the N1 and N2, making it an ideal location for businesses seeking convenience and connectivity. Unit 1 presents an attractive opportunity for businesses looking for functional industrial space in a prime location.

The matchmaking of owners to buyers and tenants.