528 m² Industrial space in Beaconvale

Industrial Unit in Beaconvale

Introducing a 528m2 industrial unit located in the bustling industrial hub of Beaconvale, priced at R42.80/m2 ex VAT. This unit offers a versatile layout, comprising a front office/reception area, two offices, a boardroom, kitchenette, and ablutions, totalling approximately 78m2. The warehouse space spans approximately 250m2, with an additional workshop area of approximately 200m2. A mezzanine level, which can be utilized or removed as needed, adds approximately 90m2 of space. Additionally, 4 Meter roller doors and 3 perimeter parking bays.

Beaconvale serves as a strategic location, centrally positioned to the northern suburbs of Cape Town, providing convenient access to major arterial routes servicing the greater Cape Town metropole. Situated approximately 7km from Cape Town International Airport and 11km from the N1 highway, Beaconvale offers excellent connectivity to key transportation networks. Additionally, the area benefits from access to public transportation via the Metrorail, Golden Arrow bus, and minibus taxi services, ensuring ease of commute for employees and visitors alike.

With 100 out of 276 properties currently on the market, Beaconvale 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 R3,114 is competitive. However, given the moderate vacancy rate, landlords may need to offer competitive leasing rates to attract tenants and fill the vacant properties. The average stand size of 2,471 m and sup2 caters to businesses requiring larger industrial spaces. This can attract a variety of tenants with different space requirements, providing a broader range of leasing opportunities. The sale of 13 units in 2023 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 Beaconvale 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.

Investors should carefully assess the leasing demand, potential rental yields, and market conditions in Beaconvale to make informed leasing and investment decisions. Understanding the market dynamics, including the vacancy rate, demand drivers, and property sizes, is crucial for identifying and capitalizing on leasing opportunities effectively in Beaconvale.

The matchmaking of owners to buyers and tenants.