Prime industrial property up for auction

Posted On Thursday, 03 June 2010 02:00 Published by eProp Commercial Property News
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The property is well located in the Factoria industrial node situated to the west of 

Johannesburg

Property-Housing-ResidentialIt offers various workshops, warehouses and ample office space, with accommodating ablution areas. In addition, there are ample covered parking bays provided on site.

Factoria is a well established industrial node, centrally located in close proximity to both Krugersdorp and Roodepoort. It offers good access on to Main Reef Road and is in close proximity to railway transport. The property offers 10  587m² of industrial space, with a 3 100KVA power supply, and 5000 gigajoules of gas, which is suitable for manufacturing. Currently, it has a long-term tenant occupying 1 628m², and this lease is set to stay in place for a 12-month period after transfer has gone through.

This current tenant is, however, flexible in taking additional space.  The property offers the purchaser the potential to either occupy the remaining portion of the building or redevelop the entire site, with additional bulk available. The property boasts excellent potential because there is a strong demand for space in the area.

The auction will be held on 10 June 2010 at 12h00 at the Wanderers Golf Club, situated on the corner of Corlett Drive and Rudd Road in Illovo, Sandton.

Last modified on Tuesday, 10 June 2014 14:25

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