5 962 m² Industrial space in Robertsham

This outstanding standalone industrial warehouse is now available for sale as an investment opportunity in Robertsham. Spanning a total of 5,962 m2, the property includes well-maintained office and warehouse spaces. With ample power supply suitable for large machinery, the warehouse features roller shutter doors throughout, ensuring smooth access for both receiving and dispatch. The property boasts a double-volume office area, complete with an inviting reception, open-plan workspaces, a spacious boardroom, and several executive offices.

Currently, the tenant has operated their business here for 30 years, with a lease that runs until 2028, including an option to renew for an additional five years. Current rental R226,840 per month. This tenant maintains a clean and organized operation, enhancing the property''s appeal. The estimated yield on this investment ranges from 11.25% to 13.12%. The sale will be structured as a sale of shares, which means no transfer costs for the buyer.

This area forms part of the southern corridor connecting the East Rand with well-established highways. South Rand Johannesburg is still the preferred location for manufacturing and warehousing companies as well as logistics as it is an important link for container cargo from the Durban port. The highway infrastructure links up with the R59 which has become a new industrial growth node.