Warehouses For Sale in 6 Wall Street, Park Central, Selby
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Building Details
Building type
Office
Grade
B
Total GLA
4,406 m²
Available units
1
Address
6 Wall St, Park Central, Johannesburg, 2001, South Africa
Area
Selby
A B-grade multi-tenanted mini-industrial park for sale in Selby, consisting of 6 mini-warehouse units, office, and yard space spread over a total GLA of 4 406m2. The mini-industrial park is currently 100% tenanted with an average lease length of 2 years. The current rentals in the property are in line with market-related rentals in Selby and annual escalations are at 7.00%. The property produces a forward NOI...
A B-grade multi-tenanted mini-industrial park for sale in Selby, consisting of 6 mini-warehouse units, office, and yard space spread over a total GLA of 4 406m2. The mini-industrial park is currently 100% tenanted with an average lease length of 2 years. The current rentals in the property are in line with market-related rentals in Selby and annual escalations are at 7.00%. The property produces a forward NOI yield of +-9.24% at an asking price of R13.30 million (R3 019/m2).