385 m² Industrial space in Steenberg

A Selection of Light Industrial Units in Steenberg

Presenting five available units in the vibrant Celie Road area of Steenberg, ranging from 385m2 to 475m2, ready for immediate occupancy. Each unit is equipped with a 360kVa power supply, a roller shutter door, and options with either one or two offices. Tenants have the flexibility to fit their own alarm systems to meet specific security needs. The leasing term includes R78 gross plus R10 op costs.

Situated in Steenberg, these units enjoy a strategic location with easy access to major transport routes and amenities. Steenberg offers a vibrant commercial environment with a diverse range of businesses, restaurants, and retail outlets, providing tenants with ample opportunities for networking and growth. Convenient access to major transport routes, including the M3 and M5 highways, ensures quick connections to Cape Town CBD, southern suburbs, and other parts of the city. Additionally, Steenberg is situated near the Main Road (M4), offering further access to neighboring areas and suburbs. These well-connected routes ensure easy commuting for businesses and residents in the area, facilitating seamless transportation throughout the region.

In Steenberg/Retreat, there are currently 80 properties available for lease. This indicates a relatively high inventory of rental properties, which could suggest a potential oversupply in the rental market. Investors should carefully assess rental demand, vacancy rates, and rental yields when considering leasing properties in the area. In 2023, only 3 units were sold out of a total of 219 title deeds in Steenberg/Retreat. This low sales volume highlights a controlled market for property sales in the area. It underscores the importance of considering both sales and rental dynamics, as well as the overall market conditions.