by In2assets  |   November 8, 2023

Multi tenanted Industrial Property on Liquidation

Large Industrial Property in Johannesburg Goes to Auction Amid Liquidation.


A prominent positioned industrial property located at 74 Kraft Road in Johannesburg has been placed on the market for auction as it grapples with liquidation. The site, covering approximately 37,041 square meters, boasts an Industrial 1 zoning, making it an attractive prospect for investors seeking prime industrial real estate.

The property's strategic location offers excellent connectivity, with easy access to both the N12 and R24 highways, enhancing its appeal to potential buyers. This sought-after site further distinguishes itself with a substantial power supply, accommodating the needs of various tenants engaged in manufacturing, storage, and warehousing operations.

A notable feature of this industrial property is its multi-tenanted structure, diversifying its revenue streams. The gross annual income generated by the property currently stands at approximately R4.7 million, making it a financially sound investment opportunity.

The sale of this industrial gem is being facilitated by national property specialists, In2assets, known for their expertise in handling countrywide real estate auctions. Interested parties will have the opportunity to bid on the property on November 16th, during the scheduled auction event, which will be livestreamed over the In2assets Internet channel. 

This auction presents an opportunity for investors and businesses looking to acquire a well-located and income-generating industrial property in Johannesburg, providing them with a chance to make a sound investment in the thriving South African real estate market.

For further information about this auction, interested parties can contact Craig McLachlan on craig@in2assets.com who will be more than willing to provide additional details and assist with any inquiries.

For updates and information about the auction, please visit In2assets' official website at https://www.in2assets.co.za/property/3884/commercial-industrial-property-auction-gauteng-ekurhuleni-metropolitan-municipality-henville/227