R 1 495 768
126 m² Industrial space in Barbeque Downs
type d barbeque bend, 1 hyperion roadLocated alongside a greenbelt and with excellent security on offer, BBQ Bend Industrial Park offers you as a business owner, or as an investor your tenant, a pleasant environment in which to conduct business with peace of mind.
With the nearby arterials of Main Road, Woodmead Drive, and Allandale Road connecting BBQ Bend to the Buccleuch and Allendale Interchanges, the Park attracts a diverse tenant mix, and is perfectly located to offer its tenants easy access to a large and vibrant commercial sector and middle-upper and upper income market.
Two types of units available to choose from:
Type B: 145.96sqm at R1,722,328 excl. VAT
Type D: 126.76sqm at R1,495,768 excl. VAT
Features:
Each unit has a mezzanine level and roller-shutter door access to a generous work and storage space
24-Security and access control into the park
2 x Refuse yards
3 x Parking bays per unit
Pre-paid electricity
Investment case:
Current gross rentals of between R95/sqm and R105/sqm
Stable net yields of up to 7.3% are being achieved
Recent lease renewals enjoyed a healthy 80% tenant retention rate
Occupancy levels at an excellent 95%
Rental escalation rate forecasted at a steady 7% to 8%
Whether you as an owner-occupier wish to locate your business in BBQ Bend Industrial Park, or if you are an investor, call us today to arrange a viewing.
Property details
- Listing number T4246411
- Property type Industrial
- Erf size 126 m²
- Floor size 126 m²