R8,750,000
Investment Sale 1280m2, Auckland Park, Auckland Street, Paarden Eiland
Located in the vibrant industrial district of Paarden Eiland, these two well-maintained units present an excellent investment opportunity. With tenants secured until early 2025, this property offers immediate rental income, making it ideal for both investors and businesses in need of versatile commercial and industrial space. The ground unit, tenanted until January 2025, generates a monthly income of R48,000 (excluding VAT).
Paarden Eiland is strategically situated near the harbour, major highways such as the N1 and R27, and the city center, making it a prime location for logistics, manufacturing, and showroom activities. This highly sought-after area benefits from robust security provided by the Paarden Eiland CID, allowing businesses to operate with confidence.
The property features a blend of warehouse and office spaces, perfect for various business needs, from distribution to corporate headquarters.
Key Features:
Total Floor Area: 1,280 m², divided between warehouse and office space.
Ground Floor Warehouse (640 m²): Equipped with high-volume roller shutter doors (4 meters) for efficient loading and unloading, suitable for industrial or logistics operations.
First Floor Office (640 m²): Bright and spacious offices with dedicated rooms for various functions, including workrooms, studios, and storage.
Power Supply: 240 Amps of 3-phase electricity to support energy-intensive operations.
Roller Shutter Doors: Four doors providing easy access for goods handling, with one facing Section Street for enhanced brand visibility.
Income-Generating: The ground unit is leased until January 2025, producing a monthly income of R48,000 (excluding VAT).
Modern Amenities: The property includes a kitchen, ablution facilities, and air conditioning, ensuring a comfortable working environment and efficient operations.
Contact Pete to view.
Features
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,280m²
Land Size
9,216m²
Paarden Eiland, Cape Town
The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
