485 m² Industrial space in Ndabeni

Industrial Unit in Maitland

Presenting Unit 2, a 485m2 industrial space in Gateway Industrial Park, located on Berkley Road in Maitland. Ample lighting within the unit. The park offers security access, ensuring a safe environment for tenants. Op costs of R2 425.

Strategically positioned in Ndabeni, Maitland, Gateway Industrial Park provides unparalleled access to major transportation routes, including the N1 and M5 highways, facilitating efficient movement of goods and services. Its central location within Cape Town ensures easy connectivity to key commercial and industrial hubs. With 20 out of 200 properties currently on the market, Ndabeni has a moderate vacancy rate. This suggests a relatively balanced leasing market. The average cost per m and sup2 of R7,500 is competitive, especially considering that these are mainly sectional title units. Landlords may need to offer competitive leasing rates to attract tenants and fill the vacant properties. The average unit size of 690 m and sup2 caters to businesses requiring smaller to medium-sized industrial spaces. This can attract a specific segment of tenants with smaller space requirements, potentially limiting the range of leasing opportunities compared to areas with larger average property sizes. The sale of 10 units in 2023 with an average property price of R5.1 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. The leasing implications for Ndabeni suggest a relatively balanced and competitive market with a moderate vacancy rate. Landlords and property owners may need to offer competitive leasing rates to attract tenants and fill the vacant properties.

The matchmaking of owners to buyers and tenants.