2308 m² Industrial space in Selby

R 8 800 000

Alec Lau

Pam Golding Properties-Johannesburg South

2308 m² Industrial space in Selby

R 8 800 000

5 scraper road
Can I afford this?
Floor Area 2308 m²
Land Area 6062 m²
Rates R 15278

Prime Selby Logistics Warehouse and Offices: Fully Tenanted for Investment Sale. Portion # 414 included in Sale

A modern, well maintained warehouse and interconnected ground floor office block in good condition, located in a high demand central Johsnnesburg industrial area for sale.

The main building measures 2 182 sq.m comprising warehousing -1 934 sq.m and offices 1 248 sq.m.

Add : Mezzanine flr - 650 sq.m increased stacking area in main warehouse.

The 126 sq.m outbuilding offers a gated workshop, change rooms & staff ablutions.

3 automated roller shutter doors facilitates loading & despatch of goods. Auto sprinkler systems installed and bulk fuel tanks provide fuel storage capability. 12m container for storage included.

Concrete paved driveways with dual driveways with dual automated gate access. Pre-cast boudary wall with electric fence completes the perimeter security.

High visibility exposure to the M1 south motorway. Fully tenanted by a reputable transport removals and logistic company. Renewal of lease in 2018 until 30 June 2019, with possibility of further extension. an excellent diversification investment opportunity. Offers from R8.5 million submitted

Net investment yield is approx. 11.5% p.a.

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2308 m² Industrial space in Selby

R 8 800 000

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