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Tenanted Investment in Montague Gardens - Web Ref: 12802


R p/m2 R 10,500,000 p/m2

Property Description


Property Type: Industrial for Sale
Building Size (GLA): 1500 m2
Gross Monthly Rental: R p/m

The subject property is improved with the construction of  three adjacent 500m2 industrial buildings on a 2153m2 corner plot. Unit 1 has an additional private yard of approximately 300m2,. The buildings are of steel portal frame construction with bagged and painted block in-fill. The interior offices are plastered and painted brick, with Rhino board ceilings. Each unit has a reception, office, kitchenette and ablutions on the ground floor with 2 additional offices and ablutions upstairs. Full length roller shutter doors to the warehouse with good access and parking via the open plan yard area in front. Montague Gardens has grown into a well-established and extremely popular industrial centre. Its close proximity to all the major road systems in the greater metropolitan area has made first choice for all the major distribution companies and home to many of the country’s largest multi-national chains.  The popularity of Montague Gardens and resulting low vacancy and higher rentals, has made the area particularly sought after by investors.


PROPERTY FEATURES


Warehouse Size: 1200m2
Office Size: 300m2
Total Area Size: 1500m2
Yard Size: 300m2
Power: 3 Phase / 60 (amps)
Zoning: General Industrial 1
Building Height (to eaves): 7m

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