Property features

R31 600 000
Levies R1 pm
Rates R1 pm
Security Estate

Property Details

The subject property is an industrial property offering prime grade industrial accommodation. It is located in a relatively new industrial suburb, which is still developing, just south west of Brakpan's CBD. This node offers prime industrial buildings, which are generally not available in Brakpan, which has older industrial suburbs offering secondary grade industrial buildings. Thus, although this node doesn't have notable national tenants in place, it does appeal to companies seeking good quality industrial accommodation in these parts. Construction was completed in 2013, hence it offers a modern design, fittings, and finishes. The improvements and site works are in a good condition and well maintained. The development land in hand makes it possible to extend the building in future if required. The subject property has an inter-company lease in place, thus market rentals have been applied as discussed above. The market value is considered to be an accurate reflection of market rates and will be achievable on the open market, given a sufficient marketing period.