Commercial Property: Industrial

Micro Industrial units – Selling at R11,800/sqm For Sale

R1 495 768
1 Hyperion RoadBARBEQUE DOWNSMIDRANDGautengSouth Africa

Micro Industrial units – Selling at R11,800/sqm For Sale

1 Hyperion RoadBARBEQUE DOWNSMIDRANDGautengSouth Africa

Industrial Property For Sale in Barbeque downs, Midrand. Located alongside a greenbelt and with excellent security on offer, BBQ Bend Industrial Park offers you as a business owner, or as an investor your tenant, a pleasant environment in which to conduct business with peace of mind.
With the nearby arterials of Main Road, Woodmead Drive, and Allandale Road connecting BBQ Bend to the Buccleuch and Allendale Interchanges, the Park attracts a diverse tenant mix, and is perfectly located to offer its tenants 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: 145.96sqm at R1,722,328 excl. VAT
•Type D: 126.76sqm at R1,495,768 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 wish to locate your business in BBQ Bend Industrial Park, or if you are an investor, call us today to arrange a viewing.

Details

Property ID: 1465510 Property Type: Industrial Building size: 126.76 m2 Land size: 126.76 m2 Open Parking Count: 3 Unit Number: Type D Complex Name: Barbeque Bend

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Contacts

Contact Brian Van Rensburg