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260m2 Mini-Factory FOR SALE in Springfield Park | Swindon Property

Ref # 2412033
R2,600,000
Property Details
260m²
260m²

Neat, Tenanted Mini Factory for Sale in Springfield Park

Discover an exceptional investment opportunity with this neat 260m2 mini factory, perfectly situated in the secure Springfield Park complex. This property is ideal for investors looking to acquire a fully tenanted unit with a reliable income stream.

The factory boasts a well-maintained ground floor walk-in reception area, complemented by an open-plan mezzanine office that provides a commanding view over the warehouse floor. The design ensures excellent internal height, making it perfect for efficient racking and storage solutions. Additionally, the unit includes a small mezzanine area at no extra charge, providing additional space for your operational needs.

Accessibility is effortless, thanks to a single on-grade roller shutter door that facilitates smooth entry into the warehouse. The property is equipped with 3-phase power and benefits from ample natural light, reducing utility costs and ensuring a bright, welcoming environment.

Renovated before the current tenant's occupation, the unit is in pristine condition. It is located within a secure complex featuring an on-site security presence, offering peace of mind for both tenants and owners.

The unit is currently tenanted until 30 April 2028, with an agreed-upon 8% annual escalation in place. This arrangement guarantees a steady income stream with a rental rate reversion due at the end of the lease period. Offered for sale as a going concern, you can take advantage of a zero-rating on VAT payable, enhancing the financial appeal of this investment.

Strategically positioned for convenience, the property is easily accessible from both the N2 Freeway and Chris Hani Road. It is also within comfortable walking distance of multiple public transport routes, making it highly accessible for employees and clients alike.

For more detailed information or to arrange a viewing, please contact our area specialist, Winston Sjouerman. Don't miss out on this prime investment opportunity in Springfield Park!

Property Features
Property Type
Industrial
Bathrooms
2
Covered Parking
3
Floor Size
260m²
Land Size
260m²
Costs and Terms
Rates & Taxes
±R5,370
Levy
±R5,731
Additional Information
Bathroom
2
Security
Secure drive-in access, electrified perimeter fence and 24hour security on site.
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About Springfield
Springfield, nestled in the vibrant tapestry of Durban's inland suburbs, stands as a testament to modern commerce and industrial prowess.
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