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R 33 000 000 | warehouse property for sale in north riding

Property Description

These are 3 erfs that can be purchased together or separately. All together the erfs make up of two warehouses and offices for R33 million excluding VAT negotiable. Allowed bulk on this site of approximately 5,000sqm. Therefore the building can be expanded by an additional 5,000sqm or you can build another separate warehouse and offices of 5,000msq. Warehouse 1 measures 3,340sqm, warehouse 2 also measures 3,340sqm and the offices are situated on a separate erf measuring 1,347sqm. The total size of all the erfs is 21,231sqm. Each building has 450 amps electrical power supply and each warehouse has 5x roller shutter doors with a dock levellers as well as great height - 12 meters to the height. There's great yard space for trucks to turn and a cleaning area with drainage outside one of the warehouses. This is a prime property for a developer to maximise the allowable bulk. A developer can knock down the offices that are on the one stand and re develop it to build new warehousing.


Property Details

Purchase PriceR 33 000 000

Building Size8027 m2

Price Per SQMR 4111 m2

Type of PropertyWarehouse

ZoningIndustrial

Land Size21213 m2

Last Updated16 Mar 2022

General Features

SecurityYes

Three Phase PowerYes

Air ConditioningYes

Property Location

Similar Property in nearby suburbs

Agent

Sheldon Whitehead

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