963 m² Industrial space in North Riding

Situated within a secure business park in North Riding, this well maintained industrial unit of approximately 963m2 GLA is available for sale or lease, offering a functional combination of warehouse and office space. The property features a 719m2 warehouse with good internal height, two high roller shutter doors and a 3 phase 80 amp power supply, complemented by a 244m2 office component comprising a reception area, boardroom, kitchenette, restrooms, shower facilities, air conditioning and a balcony. The property is available to let at a nett rental of R80.00m2, with operating costs of approximately R13.21m2 including the levy, utility management fee and rates and taxes, resulting in a gross rental rate of R93.21m2. Additional monthly costs include a levy of R3,862.15 excluding VAT, a utility management fee of R1,300.00 excluding VAT and rates of R7,556.30 excluding VAT. The unit is also available for purchase at R9,630,000.00 plus VAT, making it an excellent opportunity for businesses seeking a secure and well equipped industrial premises in North Riding.

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