629 m² Industrial space in Montague Gardens

This exceptionally well-maintained and newly renovated industrial property offers an outstanding opportunity in the highly sought-after Montague Gardens, Cape Town. Strategically positioned with quick and convenient access to the N1, N7, M5, and N2 highways, the property provides excellent connectivity to the Cape Town CBD, the Port of Cape Town, and surrounding industrial and commercial hubs, making it ideal for warehousing, distribution, manufacturing, or logistics operations.

The property comprises a total erf size of 865.08 m2 with a total internal building area of approximately 629 m2. The warehouse offers 325.58 m2 of floor space, including two small offices, complemented by a 162.06 m2 mezzanine floor for additional storage or operational use. Modern office accommodation includes 71.05 m2 on the ground floor and a further 71.05 m2 on the first floor, providing comfortable administrative space. A generous 425 m2 secure yard offers ample room for vehicle access, loading, offloading, and outdoor storage.

The property is available at a rental of R62,000 per month excluding VAT. Lease terms include a two-month rental deposit and an initial 12-month lease, with the option to extend by mutual agreement, subject to the tenant maintaining prompt rental payments and taking good care of the property. An 8 annual escalation will apply on each lease anniversary, with the deposit increasing accordingly. Electricity will be supplied via Eskom, with the deposit to be confirmed, and prepaid electricity is currently being considered. Water is supplied on a prepaid basis.