Industrial space in Stilbaai Oos

Positioned in the sought-after Heuningkloof area of Stilbaai, this well-located commercial asset presents an excellent opportunity for investors seeking to capitalize on one of the Western Capes most promising coastal growth nodes. The property offers a versatile, 4 unit, commercial space tailored for a range of skilled professionals and service-oriented businesses, combining established commercial viability with clear potential for long-term value enhancement.

The property spans a total erf size of 1,350 m², with a highly optimized leasable area of 1,072 m². The facility features an intelligent, multi-tenant layout designed for operational efficiency. The structure is effectively divided into four distinct warehouse units: two smaller warehouse spaces complemented by a larger central warehouse that integrates private office space with a spacious open-plan warehouse environment, ensuring the space is utilized to its full potential.

Financially, this asset offers the stability of immediate and diversified rental income, generated by established, reliable long-term tenants. The existing lease agreements, which remain in place until 1 March 2029, include an annual rental escalation of CPI 2. Additionally, all standard commercial lease protections are in place, including clear notice provisions and remedies for non-payment, while municipal rates and VAT are payable by the tenants, minimizing overheads for the landlord.

This turnkey investment offers an ideal balance of security and consistent yield, making it a robust addition to any commercial property portfolio. With its strategic location, established tenant base, and favorable lease terms, this property is being offered with a price guide starting from R8,750,000, negotiable.

Selling as running concern, VAT Registered