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Industrial for sale in Elsies River Industrial

R12,000,000
6,680m²
3,464m²
Reduced
3 Storey Warehouse For Sale In Elsies River - Ideal For Textile Manufacturing

This freestanding warehouse is located in the industrial node of Elsies River right opposite the taxi rank. The warehouse is spread across 3 floors with a total lettable area of 6 680m2 at a great rental of R 30/m2 or a purchase price of R 17 million. Which Equates to just over R 1946/m2. There is a ground floor parkade for staff and the entire building is fenced off and secure with loading access to the rear of the building.

Each floor comprises of an open plan layout with minimal offices, there is an extraction system in place as well as ample power to the building making ideal for a textile manufacturer. The is also a pause area and canteen as well as 2 goods lifts in the building.

There is an office component above the parkade with a spacious boardroom, executive offices and open plan areas.

This also makes for a good redevelopment opportunity - The seller is open to receiving offers.

Property Type
Industrial
Stand Size
3,464m²
Building Size
6,680m²
Rates & Taxes
R17,000
Reference
2140857
Property history
Listed for sale at R17,000,000
17 Apr 2023
Price reduced by 11.8% to R15,000,000
02 Aug 2023
Price reduced by 13.3% to R13,000,000
30 Aug 2023
Price reduced by 7.7% to R12,000,000
12 Oct 2023
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