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.