Extent: ± 980 m² | GBA: ± 3 375 m² | 4 Storey Building | Fully tenanted | Gross Monthly Income: ± R 93K
This multi-level industrial building is located within the greater South Basin Industrial region and more specifically in an area known as Clairwood. Clairwood forms part of the industrial node of Jacobs. The Jacobs Industrial node is bisected by the Inkosi Albert Luthuli Freeway (M4) and is in an area south of the Harbour. This area has experienced increased demand and with the recent completion of the upgrading of the Quality Street intersection with the M4, this trend should remain.
The property comprises a 4 storey industrial building located on a site with an Extent of ± 980 m². The ground floor has an approximate gross building area of ± 685 m² while the 1st, 2nd and 3rd floor offer an estimated GBA of ± 780 m² each. The property is currently fully tenanted and generates a gross monthly rental of ± R 107 000.00 per annum.
Developments found in the immediate area are made up of mainly industrial type properties with some being utilized for commercial & retail purposes. This node is characterised by established and emerging tenants and/or owner-occupiers. Surrounding residential areas include Wentworth, Merewent, Montclair and the Bluff to the north. It enjoys fairly good access as well as being in close proximity to the Harbour.
This property enjoys access directly off Soupan Road which links to South Coast Road (R102) via Seaward Road approximately 200 metres from the subject property. The properties are easily accessed via the Jacobs Road off ramp which is approximately 800 metres from the property. The local vicinity offers most amenities and public facilities with Quality Street providing access to any amenities that may not be in the immediate location.
