Industrial Warehouse with National Tenant, Section 3, 354 Aberdare Drive, Phoenix Industrial Park
Extent: ± 1 822 m² | Yard: ± 695 m² | Income: ± R 1.3 Million p.a | Blue Chip Tenant
This sectional title unit is well located within the Phoenix Industrial Park and has frontline exposure to Aberdare Drive. The Tenant is the Shoprite Checkers Group a JSE listed company and has occupied the property since June 2007 with a renewed lease until 31 January 2020. The tenant has not indicated yet if they will renew the lease in February 2020. The building is accessible via a roller shutter gate and enjoys extra eave heights which suits the current tenant who is storing appliances and furniture for the supply of the company’s retail stores. There is 3-phase electricity supply with 50hz, 420 amps
The property is held in a company and the sale of the shares is optional.