Prime industrial property

INDUSTRIAL: SET ON 2.8 HECTARES, THIS LOT HAS LOADS OF POTENTIAL FOR A BUYER

Main factory measures just above 3 600m² and is divided into three areas.

Van’s Auctioneers are proud to offer this heavy industrial property with a GLA of almost 5 700m² and on a stand of nearly 2.8 hectares on a public auction on-site on Wednesday at 11am.

The improvements on this property make up a total of al- most 6 500m² and it consists of an office block, main factory, second factory, outbuildings, parking and a huge open yard.

The office block is divided into two parts of about 200m² each and has two receptions areas, five offices and bathroom facilities on both sides and is ideal for use by multiple tenants.

The main factory measures just above 3 600m² and is divid- ed into three areas that can be leased separately, each with own electricity and water meters.

It has five overhead cranes, multiple roller doors, a loading bay, spray booth, offices and much more.

Another great feature of this factory is the high pitched roof which makes it ideal for use by the trucking industry.

The second factory, measuring about 550m², consists of two mini factories and a lean-to. The property also has outbuildings of more or less 600m² and has various cloak rooms, store rooms and a canteen.

The parking space is about 700m², and the property also has a massive open yard of about 10 000m². It also has security fencing.

The annual gross rental income is currently just below R1 300 000 (inclusive of VAT).

According to those in the know, the potential is for it to yield a gross annual income of almost R2 000 000 (inclusive of VAT.)