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R 5 500 000

Commercial Property for Sale in White River Central

  • Floor Size 3 000 m²
This Self storage building is so unique, iit generates an annual income that is sustainable.

Envision an Industrial general building of 3,000 sqm, centrally located in White River, providing quick and easy access to all the major roads in and from town.

What makes this Warehouse / Self storage building so unique, is that it generates an annual income of roughly R1,029,600. How is that possible? There are fifty (50) storage units, varying in size from 12 sqm to 82 sqm, with easy access for Tenants.

The income is only one part of the uniqueness of the building. The other is the way it has been dissected into multiple sections, making it robust in terms of being able to cater for various consumer needs. The moving around of Tenants into and from the building is a breeze with the Supervisor being able to control the tenancy from the office on site.

There are several long term Tenants in this awesome building, making budgeting fairly easy. To my mind the...

Envision an Industrial general building of 3,000 sqm, centrally located in White River, providing quick and easy access to all the major roads in and from town.

What makes this Warehouse / Self storage building so unique, is that it generates an annual income of roughly R1,029,600. How is that possible? There are fifty (50) storage units, varying in size from 12 sqm to 82 sqm, with easy access for Tenants.

The income is only one part of the uniqueness of the building. The other is the way it has been dissected into multiple sections, making it robust in terms of being able to cater for various consumer needs. The moving around of Tenants into and from the building is a breeze with the Supervisor being able to control the tenancy from the office on site.

There are several long term Tenants in this awesome building, making budgeting fairly easy. To my mind the Owners made an excellent decision to have the large Warehouse split into smaller rental spaces, instead of focusing to rent out the Warehouse in bulk.

Deciding to make it a self storage Unit was a brilliant decision, because the local community are always in need of storage space, due to an overflow of furniture, boxes, garden tools, trailers, caravans, etc at the various dwellings.

The condition if the property is good as it saw a lick of new paint. The buildings are old, but structural sound. There is three phase electricity in the building and each unit is metered separately.

Although a small portion of the buildings are not occupied, this is addressed by splitting the remaining sections to even smaller rental units, in order to accommodate Tenants who do not need large space for storage.

Viewing of the Warehouse / Self Storage can easily be arranged by merely calling or sending a Whatsapp to Agent Hans Meyer of Century 21 to arrange access.

Registered with the PPRA, under Grey Moon Properties t/a Century 21 White River, registered with the PPRA as a Business Practitioner, who operates a trust account.

Listing number: P24-114743970, Image number: 1
Listing number: P24-114743970, Image number: 2
Listing number: P24-114743970, Image number: 3
Listing number: P24-114743970, Image number: 4
Listing number: P24-114743970, Image number: 5
Listing number: P24-114743970, Image number: 6
Listing number: P24-114743970, Image number: 7
Listing number: P24-114743970, Image number: 8
Listing number: P24-114743970, Image number: 9
Property Overview
Listing Number
114743970
Type of Property
Commercial Property
Listing Date
02 August 2024
Erf Size
3 850 m²
Floor Size
3000 m²
Rates and Taxes
R 8 000
Bathrooms
10
Kitchens
1
Parking
18
Power Availability
Three Phase
Security
24 Hour Response, Alarm System
Special Feature
Paveway
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