NOW is an excellent time to invest in industrial property, says Sean Parsons of the Alliance Group.
“The latest trends show that there is high demand for industrial zoned properties especially in existing suburbs,” he says.
Among the industrial properties the Alliance Group will be taking to auction on February 26 will be a factory with warehouse facilities.
The property is located in Tulisa Park, which is an industrial node with many established companies. Tulisa Park is situated next to Steeledale.
Measuring 8128m² in total with 5281m² vacant land, it has a tenant occupying 2847m² with a three-year lease.
Improvements include a single-storey office block that is attached to the double-volume factory, a small dispatch office and offices attached to it. At the rear of the erf is a second double-volume factory with one large factory, smaller workshops and various store rooms.
“Next to the premises, there is a mini substation which supplies the premises with the main incoming breaker of 1500 amps and there is municipal gas available,” Parsons says.
Also on the vendor’s roll for February 26 is a complex centrally located on 13th Road in the well developed industrial node of Kew. The complex offers mainly industrial and warehouse facilities, and consists of recently refurbished offices with A-grade finishes, a warehouse and storage space.
The property has three roller-door loading bays and a goods lift with 500kg capacity servicing all three floors.
The ground floor-basement level has car parking, a warehouse-dispatch facility, kitchen, bathroom and an office area.
The first floor accommodates the main reception area, offices, a warehouse section and bathrooms. The second floor has a kitchen with gas facilities, offices, a bathroom, entertainment area, boardroom and a timber mezzanine for storage.
The property is ideal for an investor or an owner-occupier who needs warehouse or storage space and pristine offices or showrooms.
“It is perfect for the company that needs industrial space but also a very upper-class public interface in the form of showrooms or offices on the same premises,” says Grant Stocks of the Alliance Group.
The auction takes place at noon at Southern Sun, Grayson.
Source: Business Day
Publisher: I-Net Bridge
Source: I-Net Bridge
