Industrial Property For Sale in Barbeque downs, Midrand. BBQ Bend Industrial Park. Located on a greenbelt. Excellent 24hr security. Perfect for business owner, or as an investor. Occupancy levels at an excellent 95%.

Nearby arterials: Main Road, Woodmead Drive, and Allandale Road, connecting BBQ Bend to the Buccleuch and Allendale Interchanges. The park has a diverse tenant mix, and is perfectly located with easy access to a large and vibrant commercial sector and middle-upper and upper income market.

Two types of units available to choose from:
– Type B: 145.96 m2 – R1 722 328.00 excl. VAT
– Type D: 126.76 m2 – R1 495 768.00 excl. VAT

FEATURES
– Each unit has a mezzanine level and roller-shutter door access to a generous work and storage space
– 24-Security and access control into the park
– 2 x Refuse yards
– 3 x Parking bays per unit
– Pre-paid electricity

INVESTMENT CASE
– Current gross rentals of between R95/sqm and R105/sqm
– Stable net yields of up to 7.3% are being achieved
– Recent lease renewals enjoyed a healthy 80% tenant retention rate
– Occupancy levels at an excellent 95%
– Rental escalation rate forecasted at a steady 7% to 8%

Whether you as an owner-occupier looking to locate your business in BBQ Bend Industrial Park, or if you are an investor, call me today to arrange a viewing.