Warehouse Space Selby Mini-Industrial Park, Selby

Multi-Tenanted Mini-Industrial Park for Sale

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This investment opportunity is a multi-tenanted mini-industrial park for sale, comprising of 13 mini-industrial units spread over a total GLA of 6 254m2 . The industrial park is partially tenanted at 92.84%. This investment opportunity has a historical NOI yield of +-8.70% (if fully tenanted) at an asking price of R26.50 million (R4 237/m2).

The industrial park has 13 units split into 3 rows of buildings. The internal configuration varies slightly as units comprise open-plan factory/warehouse space with eaves of +-6.5m. Of the 13 units, 12 have roller shutter door access with some having additional pedestrian access doors. Additional site features include a common area, security, a storeroom, transformer room, and separate access and egress gates.

Situated in the South of Johannesburg, Selby is conveniently located 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’s 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 free-standing industrial properties, distribution centers to offices, factories, storage units, warehouses, and spacious yards.

Selby is in close proximity to various points of interest that include; the M1 metropolitan route (0.5km), Crown Mines (2.3km), Booysens (3.0km), Amalgam (3.7km), Johannesburg CBD (3.5km), and OR Tambo International Airport (32.8km).

Building Description

The Selby Mini-Industrial Park is situated at 39 Vlak Street, south of Johannesburg. The estate has 13 adequately equipped units varying in size available to let. Alternatively, the mini-industrial park presents itself as an attractive multi-tenanted mini-industrial park investment opportunity. The mini-industrial park is conveniently located allowing for ease of access onto the M1 and M2 highway as well as popular surrounding public transport routes in the area.