For Sale: Prime 231m2 Mini Factory in Secure Springfield Park Complex
Discover the perfect investment opportunity with this neat and tenanted 231m2 mini factory, located in the highly sought-after Springfield Park. This property is situated within a secure complex, ensuring peace of mind with an on-site security presence.
The mini factory boasts a well-maintained ground floor reception/office area, complemented by an open plan, air-conditioned mezzanine office overlooking the warehouse floor. With excellent internal height, this space is ideal for efficient racking and storage solutions.
Accessibility is a key feature, with a single on-grade roller shutter door providing easy access to the warehouse floor. The property is equipped with 3-phase power, catering to a variety of industrial needs. Natural light floods the space, offering an added benefit of reduced utility costs.
Currently tenanted until 31 July 2027, this property offers a secure income stream with an agreed 8% annual escalation in place. Additionally, a rental rate reversion is due in 18 months, further enhancing the investment potential. Offered for sale as a going concern, this transaction allows for a zero-rating on VAT payable.
Conveniently located with easy access from the N2 Freeway and Chris Hani Road, this property is also well-served by multiple public transport routes within comfortable walking distance.
For more details or to arrange a viewing of this exceptional opportunity, please contact our area specialist, Winston Sjouerman.