Investment Opportunity: Tenanted Free-Standing Property For Sale in Spartan
This free-standing property, currently tenanted, is available for sale as an investment opportunity. Situated on a 3,750m² stand with 1,829m² of covered space, the facility features multiple roller shutter doors and a spacious yard area that allows for convenient truck access. Equipped with three-phase power, the property offers good height and ample natural light throughout. Additionally, there is a single-floor office block on the premises.
The current tenants hold a lease that runs until 2025, providing a reliable income stream with a calculated yield of 11.16%. Centrally located in the Spartan industrial node of Kempton Park, this property benefits from close proximity to O.R. Tambo International Airport and easy access to the R21 and R24 freeways, making it an attractive investment for future growth.
Situated approximately 30 km from the city of Johannesburg, resting on the western city limits, and forming part of the Ekurhuleni Metropolitan Municipality – is the industrial and commercial hub of Kempton Park. Home to the OR Thambo International Airport, Kempton Park spans around 149.05 km2 and is located south of Thembisa, one of the largest South African townships. In Kempton Park one will also find the...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
