R1,651,000 | 127m² Warehouse For Sale in Barbeque Downs

Located alongside a greenbelt and with excellent security on offer, BBQ Bend Industrial Park offers you as a business owner, or as an investor your tenant, a pleasant environment in which to conduct business with peace of mind.
With the nearby arterials of Main Road, Woodmead Drive, and Allandale Road connecting BBQ Bend to the Buccleuch and Allandale Interchanges, the Park attracts a diverse tenant mix and is perfectly located to offer its tenants 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: 146sqm at R1 900 000.00 excl. VAT
Type D: 127sqm at 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 a owner-occupier wish to locate your business in BBQ Bend Industrial Park, or if you are an investor, call us today to arrange a viewing.