1 400 m² Commercial space in Parys

This is a great opportunity for the discerning buyer looking to secure this prime investment in Parys.

Large factory with additional rental space available.

It offers a versatile option for an ongoing income with 11 x storage units each 18 sqm (3x6) that can generate a revenue of plus-minus R 10 000 monthly. 2 x Separate open Warehouses, approximately 500 sqm and 900 sqm, 1 x small office space, 2 x Bathroom facilities for Males and females. Extra storage space with a large open land space. Water supply connected to Town. There is no ESKOM connection, but available for your own cost. Currently making use of a generator. The whole premises perimeter is secured with Concrete slaps and Palisades with an Alarm system.

Dont miss out on this opportunity to be the new owner of this exceptional commercial property.

Little insight into the Market -

Despite South Africas weak economic climate outlook, demand remains stable for prime warehouse and logistics assets according to Knight Franks Africa Logistics andamp Industrial Review H2 2021, with logistics facilities remaining the best-performing commercial asset class in South Africa.

Whats the state of the self-storage industry in South Africa?

Its growing like never before. The business is a little over 20 years old in this country, and since its inception, it has grown consistently year-on-year. This can be attributed to standard factors such as life-changing events, downsizing and moving.

Parys is still a growing town with a driving market attracting buyers and business opportunities despite the current interest hike.