Property Details
This is a large, fully occupied industrial warehouse for sale, offering excellent logistics potential due to its size, tenant status, and prime location near major national highways.
Detailed Breakdown of Features:
• Property Type: Warehouse (Industrial/Logistics)
• Location: North Reef Road (This is a major industrial corridor in the East of Johannesburg, likely in areas like Boksburg, Germiston, or Knights).
• Land Size: 45,979 m² - This is a very substantial piece of land, approximately 4.6 hectares, indicating a significant facility.
• Building Height: 10m to Eaves - This is a high-clearance warehouse, suitable for high-bay storage, large racking systems, and accommodating tall vehicles and machinery.
• Tenancy: Single Tenant, Fully Occupied - This is a key investment highlight. It provides immediate rental income and reduces management complexity. The due diligence would focus on the strength of the tenant and the terms of the lease (length, escalation clauses, etc.).
• Loading & Access:
Multiple Loading Docks and On-Grade Roller Shutter Doors: Allows for efficient loading/unloading for a variety of vehicles (docks for trucks, grade-level doors for smaller vans or forklifts).
Large Hardened Yard: Paved and reinforced area that can handle the weight and turning circles of Super Link trucks (the largest standard freight trucks in South Africa).
Roads on Three Sides: Provides exceptional operational flexibility, reduces traffic congestion for deliveries, and allows for separate entry and exit points.
• Office Space: Includes a dedicated office block with standard commercial amenities (Reception, Board Room, Kitchenette, Ablutions). This is essential for the tenant's administrative staff.
• Parking: Both Open and Covered parking is available, catering to staff and visitor vehicles.
• Location & Access:
Easy access to the N12 (3 min) and the N3: This is arguably one of its biggest selling points. The N12 (which becomes the N3) is a critical freight corridor connecting:
Johannesburg to Durban (N3)
The East Rand to the Western Cape via the N1 (N12)
This provides unparalleled logistics access for national distribution.
Target Buyer:
This property is aimed at commercial investors or investment funds looking for:
1. A stable, income-producing asset with a sitting tenant.
2. A high-value industrial property in a prime logistics location.
3. A long-term investment in the industrial real estate sector.