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R 26 500 000

Industrial Property for Sale in Selby

39 Vlak St, Selby, Johannesburg

6 251 m²

Great Investment Opportunity in Selby!

The Selby Mini-Industrial Park is situated at 39 Vlak Street, south of Johannesburg. The estate has 13 adequately equipped units varying in size available to let. Alternatively, the mini-industrial park presents itself as an attractive multi-tenanted mini-industrial park investment opportunity. The mini-industrial park is conveniently located allowing for ease of access onto the M1 and M2 highway as well as popular surrounding public transport routes in the area.

This investment opportunity is a multi-tenanted mini-industrial park for sale, comprising of 13 mini-industrial units spread over a total GLA of 6 254m2 . The industrial park is partially tenanted at 92.84%. This investment opportunity has a historical NOI yield of +-8.70% (if fully tenanted) at an asking price of R26.50 million (R4 237/m2). The industrial park has 13 units split into 3 rows of buildings....

Listing number: P24-113891660, Image number: 1

Listing number: P24-113891660, Image number: 2

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Listing number: P24-113891660, Image number: 5

Listing number: P24-113891660, Image number: 6

Listing number: P24-113891660, Image number: 7

Listing number: P24-113891660, Image number: 8

Listing number: P24-113891660, Image number: 9

Property Overview

Listing Number

113891660

Type of Property

Industrial Property

Street Address

39 Vlak St, Selby

Listing Date

24 January 2024

Lease Type

Fully Serviced Lease (Gross Lease)

Gross Price

R 4 200

Net Price

R 4 200

Availability Date

01 January 2024

Erf Size

15 897 m²

Floor Size

6254 m²

Levies

R 1

Special Levy

R 1

Rates and Taxes

R 1

Zoning

Heavy Industrial

Facilities

Bathrooms

All units have bathrooms plus guardhouse

Executive bathrooms, In unit bathrooms

Board Rooms

Open Plan design, could be utilized as a boardroom

Kitchens

Neat in each unit

Sink

Reception Rooms

Office To Warehouse Ratio

10 %

Height For Racking

7 m

Truck Access

Superlink

Roller Shutter Doors

External Features

Parking

Secure parking in industrial park

Double parking, Single parking, Tandem parking, Visitor parking

Secure Parking

Secure

Outside Areas

Spacious truck articulation for any size trucks

Building

Building Name

Excellent Yield! Investment Property - Selby

Gross Lettable Area

6251 m²

Building Grading

B Grade

Multi Tenanted

Yes

Number of floors

Height Of Roof

7 m

Height Of Eaves

7 m

Power Availability

Three Phase

Other Features

Height Restriction

2 m²

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

ADSL, Dial-up, Fibre, Satellite

Wheelchair Accessible

Yes

Points of Interest

Bond Calculator

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