1,829m² Warehouse For Sale in Spartan

POA

5 Megawatt

Web Ref No COM20200

Investment Opportunity: Tenanted Free-Standing Property For Sale in Spartan

This free-standing property, currently tenanted, is available for sale as an investment opportunity. Situated on a 3,750m² stand with 1,829m² of covered space, the facility features multiple roller shutter doors and a spacious yard area that allows for convenient truck access. Equipped with three-phase power, the property offers good height and ample natural light throughout. Additionally, there is a single-floor office block on the premises.

The current tenants hold a lease that runs until 2025, providing a reliable income stream with a calculated yield of 11.16%. Centrally located in the Spartan industrial node of Kempton Park, this property benefits from close proximity to O.R. Tambo International Airport and easy access to the R21 and R24 freeways, making it an attractive investment for future growth.

Features

Open Parkings 31
Zoning Industrial
Monthly Rates R10,000.00pm Excl. VAT
Floor Size 1,829m²
Land Size 3,750m²
Power 3 Phase Yes
Air Conditioning Yes

Broker Contact Details

Kevin Ah Sing
Non-Principal Property Practitioner
Registered with PPRA
(FFC 117 602 7)

Cell 082 225 7621
Office (010) 3006441
WhatsApp Me