R 25 950 000 | factory property for sale in apex

Apex is known in the East rand of JHB as an engineering, high power and large erf property area. This attracts these type of heavy industrial users and tenants. The area is also seen as a lower grade industrial area because of its locality and general "dirty" business. The area is also predominantly zoned Industrial 1 to allow for heavy industrial users and activities. The area is also well established and there is not a huge amount of new development, albeit the land pockets available. In saying that, the new erfs unlocked to the South of Apex, have been pinpointed for a large DC facility for a multi national tenant. This will boost the area. Power The node and it’s locality is know for high power users and engineering businesses. Conveniently located between the N17 and N12 which links major metros and freeways Road Or Tambo internarional is 18km and 15 minutes away from the facility. The property was built for the current owners of the facility and their own use. No shortcuts were made when developing this facility. The property has 250mm floors with bricked walls around the warehousing up to 3.5 metres. The Sheeting of the facility may need a paint and some exterior maintenance, but interior, the facility is A grade and is in good structural condition. The tenants are all on shorter term leases within the park however the tenants infrastructure within the units should be noted. Availability of similar space within the node, for small units, with good power and overhead cranage is limited. Leases can be extended upon request from an investor as part of the Due Diligence or as a suspensive condition.