100% Tenanted Mini-Industrial Park for Sale, 6 Wall Street, Park Central, Selby - Warehouse Space For Sale in Selby

6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 1 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 2 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 3 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 4 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 5 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 6 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 7 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 8 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 9 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 10 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 11 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 12 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 13 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 14 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 15 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 16 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 17 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 18 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 19 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 20 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 21 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 22 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 23 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 24 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 25 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 26 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 27 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 28 6 Wall Street, Park Central, Selby - 100% Tenanted Mini-Industrial Park for Sale property image 29

R13 301 714 | 4406 m2 @ R3019 per m2

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Listing Details

100% Tenanted Mini-Industrial Park for Sale

Parkings 0 | Standalone | Natural ventilation | Roller shutter doors | Truck articulation

This property consists of 6 purpose-built mini-warehouse units ranging in size between 433m2 and 1 404m2. The industrial units consist of warehouse, office, and yard space.

Situated in the South of Johannesburg, Selby is a conveniently located area in close proximity to popular areas being Booysens, Crown Mines, Amalgam, and the Johannesburg CBD. The area is easily accessible via the M1 Highway and is approximately 3.50km from Johannesburg city center. Because of its locality, Selby is a highly sought-after area for industrial property owners and tenants. Within the Selby area, available units range from mini-factories in secure business parks to large freestanding industrial properties, distribution centers, offices, factories, storage units, warehouses, and spacious yards.

Furthermore, Selby is in close proximity to various points of interest that include; the M1 highway (0.50km), Crown Mines (2.30km), Booysens (3.00km), Amalgam (3.70km), Johannesburg CBD (3.50km), and OR Tambo International Airport (32.80km).

This is an opportunity that should not be missed! Contact me for more information regarding this investment opportunity.

Building Description

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).
6 Wall Street, Park Central, Selby location map

Broker Details

Wayne Ngubane, Commercial Property Broker

Wayne Ngubane

M:

O: 087 234 8000

E: Show email

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Updated 05 Mar 2021