Prime Stand-Alone Industrial Property In North Riding – For Sale Or Lease
This stand-alone industrial property, located in North Riding, spans approximately 1,010m² with a total stand size of 1,680m². The facility includes a well-sized warehouse, office spaces, a reception area, kitchenette, restrooms, air conditioning, and shaded parking bays. The warehouse is designed with ample height, natural light, and features two high roller shutter doors (on-grade and dock level) for easy truck access, as well as designated receiving and dispatch areas. Additionally, the property is equipped with a robust 3-phase, 500-amp power supply.
The property is available for purchase at R9,500,000.00 plus VAT, or for lease at R78,780.00 per month, excluding VAT and utilities. Monthly rates and taxes amount to R12,879.29, with an additional park levy of R1,344.00 plus VAT.
Located in the north western region of Johannesburg and forming part of its municipality, Randburg spans an area of 167.98 km2, positioned between Roodepoort, Johannesburg and Sandton. With the growing demand for light industrial and commercial spaces in and around the City of Gold – Randburg, although predominantly residential, has experienced much activity surrounding the development of industrial and...
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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.
