Prime Industrial Investment Opportunity In Spartan, Kempton Park
This free-standing property, situated in the highly sought-after Spartan industrial node of Kempton Park, offers an excellent investment opportunity. The 3,750m² stand features a 1,829m² covered space, with a spacious yard that provides convenient truck access. Equipped with three-phase power and multiple roller shutter doors, the facility also benefits from good height and ample natural light throughout. Additionally, a single-floor office block is situated on the premises, catering to business needs.
Currently tenanted with a lease running until 2025, the property guarantees a steady income stream with a strong yield of 11.16%. Its strategic location ensures easy access to key transportation routes, including the R21 and R24 freeways, and is just a short distance from O.R. Tambo International Airport. This combination of features positions the property for potential future growth, making it a highly attractive investment.
Spartan: Kempton Park's Industrial Powerhouse
A Prime Hub for Manufacturing, Warehousing, and Logistics
Accessibility:
Spartan is a highly accessible industrial area in Kempton Park, strategically positioned near major transport arteries, including the R24, R21, and N3 highways. This prime location ensures seamless connectivity to OR Tambo International Airport, Johannesburg, and Pretoria, making it an...
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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.