1,829m² Warehouse For Sale in Spartan
Web Ref No COM21682
Prime Industrial Investment Opportunity In Spartan, Kempton Park
This free-standing property, situated in the highly sought-after Spartan industrial node of Kempton Park, offers an excellent investment opportunity. The 3,750m² stand features a 1,829m² covered space, with a spacious yard that provides convenient truck access. Equipped with three-phase power and multiple roller shutter doors, the facility also benefits from good height and ample natural light throughout. Additionally, a single-floor office block is situated on the premises, catering to business needs.
Currently tenanted with a lease running until 2025, the property guarantees a steady income stream with a strong yield of 11.16%. Its strategic location ensures easy access to key transportation routes, including the R21 and R24 freeways, and is just a short distance from O.R. Tambo International Airport. This combination of features positions the property for potential future growth, making it a highly attractive investment.