Warehouse Space Senator Industrial Park , Wadeville

Tenanted Mini-Industrial Park Investment Opportunity For Sale in Wadeville

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This investment opportunity presents a tenanted mini-industrial park offering investors an 8.96% historical NOI yield at a purchase price of R 20.00 million (R 2 192/m2) and an occupancy of 88.45%.

Building Description

Warehouses to let let in Wadeville This large 32000sqm property is located on the corner of Rendell and Nagington Road in Wadeville Germiston. Wadeville is a mature and formidable industrial node, as such it is no surprise that enterprises such as Coca-Cola Beverages South Africa, Pioneer Foods and Consol have settled within the boundary lines of the area. The subject property, 52 Nagington, has exceptional N17 highway access (+- 1km) and is very well located in relation to other industrial nodes and OR Tambo International Airport (+- 21.00km) There are 9 industrial units on site which amount to a total GLA of 9 125m2. In addition to the warehouses, this investment property offers an office component with a receptionist area, kitchenettes, a showroom, a training centre, a boardroom as well as ample parking on site with a fantastic truck articulation in a 24-hour security yard.