R 120 000 000 | warehouse property for sale in killarney gardens

Property Description

Discover this exceptional opportunity in Killarney Gardens - a 9300 m2 factory nestled on expansive 58,443 m2 of prime industrial land. Boasting a total GLA of 9,300 m2, this property offers versatile options for investors and developers alike. Key Features: Leaseback Potential: With 8,100 m2 available for a 10 year leaseback, seize the chance to secure steady income of -R700,000 per month. Vodacom Tower Income: Additional monthly income of R12,000 from a Vodacom tower adds to the property's revenue stream. Zoning and Specifications: Zoned GI1 with a coverage of 75%, height allowance of 18m, and bulk of 1.5, this property offers flexibility for various industrial endeavors. Strategic Location: Situated in the secure industrial hub of Killarney Gardens, easily accessible from the N7 and Koeberg, this area is renowned for its safety features including 100 security cameras and 24/7 patrols. Connectivity: Benefit from easy connectivity with the MyCiti bus service linking Killarney Gardens directly to Parklands, Table View, and Cape Town, enhancing accessibility for employees and clients alike. Diverse Industrial Activities: Known for its thriving manufacturing sector followed by wholesale and retail trade, Killarney Gardens is an ideal location for rental, purchase, sale, investment, and property development. Portion 1, featuring 1,200 m2 of offices on 20,943m2 of land, presents additional opportunities for expansion or independent use, making this property a versatile investment option. Don't miss out on this prime industrial property offering lucrative leaseback potential and strategic positioning in one of Cape Town's safest and most dynamic industrial precincts. Contact us now for more details and to arrange a viewing.


Property Details

Purchase Price R 120 000 000

Building Size58443 m2

Price Per SQMR 2053 m2

Type of PropertyWarehouse

ZoningIndustrial

Last Updated20 Feb 2024

Rooms

Bathrooms10

External Features

Covered Parking Bays15

Open Parking Bays35

General Features

SecurityYes

Three Phase PowerYes

Air ConditioningYes

Property Location

Similar Property in nearby suburbs

Agent

Andrew Light

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