Prime Industrial Property of ± 3 728 m²

Prime Industrial Property of ± 3 728 m²

AUCT-001285 | On Auction

6 Techno Crescent, Epping Forest, Cape Town, Western Cape


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± 3 728 m² Prime Industrial Property. 6 Techno Crescent, Cape Town

Extent: ± 3 728 m² | Current Gross Annual Income ± R1.6 Million | Brilliant position | Great height | Ample parking & yard | Good access to freeways and arterials | Currently tenanted until January 2021


LOCALITY

The property is situated at 6 Techno Crescent, in WP Park, also known as Techno Park, in Cape Town.
WP Park is located north of Epping Industria 2, the largest industrial node in Cape Town. The park is positioned on the corner of Viking Way and Jakes Gerwel Drive, which is a busy intersection offering high exposure for the properties situated on the outer perimeter of the park.

The park comprises of small, medium and large size industrial premises and is located approximately 16
kilometres from the Cape Town City Centre.

WP Park is strategically located between the N1 and N2 Freeways, which are the two main arterial roads running from the Cape Town City Centre. The N1 and N2 Freeways provide quick access to Viking Way, which allows for access to Mail Street or Park Road and in turn provides access to this property in Techno Crescent.

The property enjoys a position on the southern boundary of the park, with exposure onto Viking Way.
All necessary amenities are situated within close proximity, including a variety of petrol stations, convenience centres and medical facilities.

PRIMARY USE

This prime industrial property is located in WP Park, Cape Town. The property is situated on a ± 3,728 m² size erf and is improved with a ± 2,507 m² building. The erf backs onto Viking Way, a busy road running between WP Park and Epping Industria 2, and offers excellent exposure to oncoming traffic. WP Park is an established industrial node in Cape Town.

The double volume industrial building offers a warehouse facility with double-storey ancillary offices. The building is constructed of steel frames with brick infill, IBR side cladding and IBR roof sheeting, with drop down lights. The building offers a power supply of 630 Amps.

Site improvements include demarcated parking bays to the front of the property, including 5 covered parking bays, 7 open parking bays and 5 open tandem parking bays. The property is enclosed with fencing on the sides and to the rear. Access to the paved yards and loading area are gained from either an electronic or manual vehicular gate.

The warehouse is accessed via the office component, through the two roller shutter doors, or from the paved yard or loading area. The electric roller shutter door is accessible from the front of the property, and the manual roller shutter door is accessed from the loading area. The warehouse boasts a height of roughly 9.9m at the apex and 7m at the eaves, and comprises of a sick bay, 4 private office suites accessed from the
warehouse floor, a spray booth, partitioned tool shed, mezzanine work space, mezzanine storage with a
private office suite, mezzanine canteen, kitchen, male (6 toilet, 3 urinals, 6 wash hand basins) and female (6
toilets, 6 wash hand basins) ablutions and change rooms, a plating plant, an old plating plant room, a grinding room and a compressor room. The canteen, kitchen, ablutions and change rooms are access-controlled. A flammable store is accessed from the smaller paved yard.

The property is currently leased by Capewell Springs who have been in the property for over a decade. They have indicated they would be open to signing a further lease should the purchase be concluded as an investment.

To register and attend this auction, please email [email protected] as attendance is strictly by invite.
Alternatively, bids can be submitted via our online bidding platform https://auctions.in2assets.co.za accessible from both your PC or by downloading the In2assets App from the Google Play Store or App Store.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001285
List price:
POA
Address:
6 Techno Crescent, Epping Forest, Cape Town, Western Cape
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 August 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Document are required.
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DIRECTIONS
Auction Date: 20 August 2020 11:00 am

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