Industrial Property, 4 Sugarbush Crescent, Westmead, Pinetown
Strong international tenant | Extent: ± 3 018 m² | GLA: ± 720 m² | Gross annual income: ± R600K | End user opportunity
The subject property is located within the Westmead Industrial Zone which is one of the largest and oldest Industrial areas in South Africa. Westmead is both a logistical and manufacturing hub which is the back bone of industry in and around Pinetown. A multitude of international and national tenants are present in this node.
The property consists of ± 720 m² office and warehouse component. The current tenant has occupied the property for the past 9 years. The tenant’s parent company is based abroad and has a local customer base of approx. 2 500 active customers. Major accounts include Impala Platinum, Aquarius Platinum, Shaft Sinkers, Murray & Roberts, Chep SA, Volkswagen, Toyota, Nampak, Consol Glass and Eskom.