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R 5 500 000

Commercial Property for Sale in White River Central

  • Gross Lettable Area 3 000 m²
A multi-purpose commercial property in a centrally located part of town with easy access to all he major roads in town.

This roughly 3100sqm building boasts a gross annual income of R1029600. This coupled with the fact that the property has been dissected into multiple sections makes it robust in terms of being able to cater for various consumer needs and will be able to withstand a movement in tenancy. The property has several anchor tenants which have been occupying parts of the property for a lengthy period. The current owners made a brilliant strategic decision by moving away from trying to rent out one large space and instead focusing on an entirely different market segment, in the form of self-storage. This does address a very definite need in our local community. The general condition of the property is upwards of fair, having recently received a brand-new lick of paint. The buildings are old but are certainly structurally sound and present well. The electricity supply is...

This roughly 3100sqm building boasts a gross annual income of R1029600. This coupled with the fact that the property has been dissected into multiple sections makes it robust in terms of being able to cater for various consumer needs and will be able to withstand a movement in tenancy. The property has several anchor tenants which have been occupying parts of the property for a lengthy period. The current owners made a brilliant strategic decision by moving away from trying to rent out one large space and instead focusing on an entirely different market segment, in the form of self-storage. This does address a very definite need in our local community. The general condition of the property is upwards of fair, having recently received a brand-new lick of paint. The buildings are old but are certainly structurally sound and present well. The electricity supply is three-phase, and each section is metered separately. Only a very small portion of the property is not tenanted and even this is being addressed as they are busy sectioning the remaining space into smaller parts, in order to fit in with the reast of the business model. Viewings during business hours are easily arranged.

Listing number: P24-112622167, Image number: 1
Listing number: P24-112622167, Image number: 2
Listing number: P24-112622167, Image number: 3
Listing number: P24-112622167, Image number: 4
Listing number: P24-112622167, Image number: 5
Listing number: P24-112622167, Image number: 6
Listing number: P24-112622167, Image number: 7
Listing number: P24-112622167, Image number: 8
Listing number: P24-112622167, Image number: 23
Property Overview
Listing Number
112622167
Type of Property
Commercial Property
Description
Office, Storage, Warehouse
Listing Date
05 May 2023
Erf Size
3 850 m²
Floor Size
3100 m²
Rates and Taxes
R 8 000
Zoning
General Industrial
Floor Number
2
Bathrooms
10
Communal bathrooms
Kitchens
1
Sink
Offices
3
Blinds
Parking
14
Double parking, On street parking, Secure parking, Shade net parking
Gross Lettable Area
3000 m²
Building Grading
B Grade
Multi Tenanted
Yes
Facing
West
Roof
Aluminium
Security
Electric Gate, Alarm System, 24 Hour Response, 24 Hour Access, Indoor Beams
Nearby Public Transport
Bus, Train
Internet Access
ADSL
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