High-Yield Investment: Free-Standing Industrial Warehouse For Sale In Spartan
This free-standing industrial warehouse is available for sale as an investment opportunity with attractive returns. Situated on a 5,708m² stand, the property features a facility of 1,958m² under roof, divided into two separate warehouses. The expansive yard area allows for additional storage or access for large vehicles, while the good height to eaves enhances functionality. The property includes multiple roller shutter doors with overhangs and a double-volume office block, along with 22 dedicated parking bays. It is zoned Industrial 3 with a coverage of 60%.
Currently, the tenant holds a lease that extends until 2026, offering a stable income with a calculated yield of 11.61%. Centrally located, this property provides easy access to all major routes in and out of the Spartan area, making it ideal for logistics and industrial operations. Its proximity to O.R. Tambo International Airport and the R21 and R24 freeways further enhances its appeal for potential investors.
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.