Warehouse, offices with tenant already in hand
● Van’s Auctioneers will offer a recently constructed warehouse and offices in Kempton Park on auction on March 13 at 11am.
It is perfectly positioned with frontage on the R21 highway near the intersection with Atlas Road, and very close to OR Tambo International Airport.
The property measures just over 1.6ha, with about 7,300m² of improvements, and is zoned Industrial 1.
It consists of office space of about 1,300m² (reception area, open-plan and cubicle offices, storage areas, kitchens and more) and a warehouse portion of about 6,000m². The warehouse is made up of a huge open-plan factory, storage rooms, staff changing rooms, bathrooms and more.
The property offers ample parking and has ClearVu and a security fence. There is an MTN cellphone tower on the property.
The property is rented out with about eight years still on the lease agreement. The current annual rental income is just over R3.8m, and escalates at a rate that is linked to inflation — more or less 5%-8% a year.
The auction will be held on site. The entrance to the property is from Maple Street in Pomona.
Interested buyers can contact Van’s Auctioneers on 086-111-8267 or visit its Facebook page or website at vansauctions.co.za for more information. They can also click on the banners that are displayed on many websites, to be directed directly to the relevant page on the auctioneer’s website.
The annual rental income is R3.8m