Industrial:
Despite the recent increases in interest rates, investors are still seeking quality stock to purchase, however, available stock remains limited. There are not many vacancies in the letting market, apart from Capricorn where new development is taking place. We have so many owner occupier purchasers with very little to sell.
Brief details of current industrial vacancies in the southern suburbs are:
Capricorn
241m² |
R34/m² |
R 8 201 pm |
Brand new secure light industrial park, units of 321, 713 and 822m ² are also available. |
Diep River
280m² |
R28/m² |
R 7 850 pm |
Container height drive-in access. |
|
580m² |
R29/m² |
R16 800 pm |
24 hour security. Incl. ample office space. |
|
1016m ² |
R35/m ² |
R35 560 pm |
Ex-textiles. |
|
2300m² |
R35/m² |
R80 500 pm |
High eaves, loading dock. Secure complex. |
Lansdowne
3285m² |
R25/m² |
R82 125 pm |
2 container height doors, ample office space. |
Ottery
277m² |
R30/m² |
R 8 310 pm |
Secure Park. |
|
603m² |
R28/m² |
R16 884 pm |
Good access to main routes. |
Retreat
1300m² |
R31/m² |
R40 000 pm |
Portal frame, clear floor space. |
Westlake
266m² |
R40/m² |
R10 600 pm |
Modern, high eaves. Secure park. |
|
436m² |
R40/m² |
R17 440 pm |
Excellent exposure. |
Offices:
Office rentals have increased with very low vacancies, so we are looking to more increases in 2007. A-Grade rentals have surpassed 2001 highs and are still climbing, some exciting vacancies and developments are detailed below:
Newlands
312m ² |
R90/m ² |
R28080 pm |
Ground floor suite in a free standing building with basement parking, back up generator, close to Cavendish Square. |
|
350m ² |
R85/m ² |
R29750 pm |
Stunning Offices in a 24 hour building with secure parking and a balcony. |
|
618m ² |
R95/m ² |
R58710 pm |
Brand new building with good parking, balcony and views. |
Claremont
180 - 4000m² |
R80/m² |
Available over one floor, refurbished A-Grade building, lovely mountain views and balconies. |
|
191m² |
R100/m² |
Beautiful A-Grade Offices. |
|
602 - 1806m² |
R125/m² |
Beautiful new A-Grade development occupation early 2008, 4 floors of offices each with balcony offering stunning views. |
Please note that all rentals are subject to the addition of VAT. Please contact one of our brokers on 021 797 2552.
For industrial property requirements contact Ray Bungay or by email This email address is being protected from spambots. You need JavaScript enabled to view it.
For offices contact Debbie Wall-Smith or by email This email address is being protected from spambots. You need JavaScript enabled to view it.
For Investments contact Reg Wall or by email This email address is being protected from spambots. You need JavaScript enabled to view it.
Publisher: Wall & Smith Property Consultants
Source: Wall & Smith Property Consultants
