Extent: ± 21 497 m² | GLA: ± 11 113 m² | High income investment | Multi-let industrial park with upside potential | Versatile mini and medium-sized units enhancing marketability | Hard yard with ample thoroughfare for delivery vehicles | Access controlled entrance
This lucrative industrial investment is located in an important, established industrial suburb of Ekurhuleni, known as Wadeville. The historic hub is home to multi-national, blue chip conglomerates with the typically substantial power available in the node and its strategic location in proximity to a network of important highways connecting the area to the Greater Gauteng City Region and further to South via being the strongest drawcards underpinning the locality’s continued popularity.
The diligently maintained development, previously host to a large manufacturing operation, has been intelligently redeveloped into a flowing industrial park with offerings catering to the needs of SMMEs active in trades across the engineering spectrum. The existing improvements, comprising an array of buildings of varying sizes and internal configuration are mostly flexible, enhancing the versatility and marketability of the site.
Enhancing the efficiency of the management on this property are the individual water meters and prepaid electrical meters installed in each unit, to minimise exposure to losses from the potential under-recovery of utilities (water is recovered on a postpaid basis).
Located on the same street as the expansive Elsburg Police Station, the property is in a secure node with the additional security improvements, including the wall fencing topped with 8-string electric fencing along the street facing boundaries, as well as the biometric pedestrian access points along the access controlled main entrance, ensuring optimal security for the parks’ various tenants.
With a section of the property having been recently refurbished and the improvements continuously maintained, this property is prime for a savvy investor with an eye for a deal!
Nhlanhla Tshabalala
Show number
Nhlanhla@in2assets.com
