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BJ Agent Ref: 1679

Property Datasheet

    THE PROPERTY
Property Title     FOR SALE - A-GRADE 410 SQM MINI UNIT IN NORTH RIDING, JOHANNESBURG.
Full Description     This A-grade low maintenance sectional title mini industrial/commercial unit is situated within an up-market business estate in North Riding, Johannesburg.
The unit is 410 sqm in size split approximately 177 sqm of warehouse or factory, 91 sqm of office block, and 142 sqm of mezzanine offices, however 71 sqm of mezzanine office can easily be removed and converted to double volume storage area.
Facilities include small balcony, air-conditioning throughout, 1 high roller-shutter door, 3-phase 60 amps of power, security gates on all doors, burglar bars on windows, tiled floors in most areas, 3 separate toilet facilities, 2 separate kitchenettes, 4 parking bays in front of unit plus numerous communal parking bays, etc.
Sales price is R 2,6 million.
Owner would consider a long term rental at R22,000/month as an alternative.
Property Type     Industrial Broker Ref:   - n/a -  
Total Size     410 square metres B.Junction Property Ref: 1928
Area Location     GAUTENG / Sandton / Randburg
Extra Information  
on the Location  
It is situated just off Malibongwe Drive in an established industrial zone in North Riding and is close to both the N1 and N14 highways.
 
    RENTAL Details
Rental Required     R 22 000 per month (excl. VAT)
Lease Details     5 year lease with an 8% annual escalation.
2 months deposit required.
Rental excludes Vat and utilities.
Rate/sqm is R 53.66/sqm negotiable.
    SALE Details
Asking Price     R 2 600 000 (excl. VAT)
Sale Terms     Cash deal or 30%-40% deposit and bank finance over 10 years depending on the purchasers bank.
Price excludes Vat.
Rate/sqm is R 6,342/sqm
 
 
    THE BROKER / AGENT DETAILS
Contact     Remo  Zambetti
Brokerage     Propfinbiz
Located in     Johannesburg
eMail     - not displayed -  
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