Listing Details

Fully Tenanted Mini-Industrial Park Investment Opportunity For Sale in Selby

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This multi-tenanted investment opportunity offers a 100% occupied mini-industrial park with a 10.80% yield at an asking price of R13.70 million (R3 000/m2). The average lease term is estimated at 2 – 3 years.

Building Description

This mini-industrial park consists of 3 warehousing units amounting to a GLA of 4 565m2 whereby office and yard space are offered in addition to the warehouses themselves. The property is in good condition and provides ample open air and covered parking bays. These industrial units are situated in the south of Johannesburg in Selby, a conveniently located area in close proximity to popular industrial nodes in Booysens (±3.00km), Crown (±4.00km), City Deep (±6.00km) and Germiston (±15.00km). The well-routed Selby road network, which consists of the nearby M1 (±1.50km) and M2 (±1.00km) motorways, are crucial for industrial players in the area as it connects Selby to nearby industrial nodes, the city of Johannesburg CBD (±2.00km) as well as OR Tambo International Airport (±27.00km).