Sole Mandate - Fantastic Business Opportunity Presenting for sale, a thriving business park situated conveniently off Booysens Road. This income-generating property encompasses 5 mini units, each spanning 170m2, along with a 410m2 warehouse, an additional 5 mini units measuring 240m2, and shared ablution facilities, boasting a total Gross Lettable Area (GLA) of 2500m2, all fully leased under long-term contracts. Each unit offers self-contained amenities including offices, tidy restrooms, and kitchens, complemented by individual meters and three-phase power supply, all featuring commendable height specifications. Furthermore, the business park boasts approximately 4000m2 of extra yard space, facilitating seamless access for super links with ample turning circles. Alternatively, this area presents the opportunity for constructing additional warehouses, thereby augmenting both the GLA and the income potential of the park. Notably, the site hosts a cell phone tower operating under a 10-year lease agreement, contributing to its revenue stream, and is equipped with a generator for added convenience. Positioned just off the M2 highway and Booysens Road, accessibility is a key advantage of this investment proposition. With the high demand for rentals in the Booysens vicinity, vacancies are scarce, rendering this a highly attractive investment opportunity. For further details, reach out to Jarred Purchase and seize this lucrative prospect today.
Purchase Price R 9 900 000
Building Size2500 m2
Price Per SQMR 3960 m2
Type of PropertyWarehouse
ZoningIndustrial
Land Size6700 m2
Last Updated03 Apr 2024
Bathrooms12
Covered Parking Bays10
Open Parking Bays80
SecurityYes
Three Phase PowerYes
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