R1,900,000 | 146m² Warehouse For Sale in Barbeque Downs

BBQ Bend Industrial Park. Located on a greenbelt. Excellent 24hr security. Perfect for business owner, or as an investor. Occupancy levels at an excellent 95%.

Nearby arterials: Main Road, Woodmead Drive, and Allandale Road, connecting BBQ Bend to the Buccleuch and Allendale Interchanges. The park has a diverse tenant mix and is perfectly located with easy access to a large and vibrant commercial sector and middle-upper- and upper-income market.

Two types of units available to choose from:
- Type B: 146 m2 - R1 900 000.00 excl. VAT
- Type D: 127 m2 - R1 651 000.00 excl. VAT

FEATURES
- Each unit has a mezzanine level and roller-shutter door access to a generous work and storage space
- 24-Security and access control into the park
- 2 x Refuse yards
- 3 x Parking bays per unit
- Pre-paid electricity

INVESTMENT CASE
- Current gross rentals of between R95/sqm and R105/sqm
- Stable net yields of up to 7.3% are being achieved
- Recent lease renewals enjoyed a healthy 80% tenant retention rate
- Occupancy levels at an excellent 95%
- Rental escalation rate forecasted at a steady 7% to 8%

Whether you as an owner-occupier looking to locate your business in BBQ Bend Industrial Park, or if you are an investor, call me today to arrange a viewing.