Warehouse Space Verona Industrial Park, Kya Sand

Fully Tenanted Mini-Industrial Park For Sale in Kya Sands

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This investment opportunity presents a fully tenanted 12 unit mini-industrial park amassing 3 680m2 and offers a forward NOI yield of ±10.11%, an expense ratio of ±57.20%. The price consideration of the asset is R9.40 million (R2 554/m2).

This mini-industrial park consists of 12 units ranging from 284m2 – 342m2. Each unit includes a mini reception area and a double volume warehouse equipped with double volume roller shutter doors and 3 phased power supply. Parking consists of 21 open parking bays.

Building Description

Verona Industrial Park situated at 23 Staal Street, Kya Sands offers medium sized warehouse units for rent. The industrial park has 24 security on site and affordable warehouse rentals. Each unit has a ground floor warehouse space with a 6m ceiling height and offers a first floor office space. The units are equipped with a 4m roller shutter door for access. This park is ideally situated with easy access to Malibongwe Drive that will connect you to either the N1 or N14 Freeway. Ample parking availability for tenants and visitors.