Epping Property

Industrial Property Specialists

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Recycling of Outdated Industrial Buildings

Recycling of Outdated Industrial Buildings. Noteworthy, Epping Property can assist in updating or upgrading your industrial building to include the latest features and aspects currently demanded by tenants and buyers.

Outdated industrial buildings, many vacant for years, are being pursued by investors and developers. Consequently, profiting by dressing them up and dancing them around again. However, suitable buildings are in short supply, and sometimes a developer has to take a risk in entering a building recycling project.

A shortage of office space in the Cape Town area and a lack of inexpensive research and manufacturing space needed by start-ups and smaller companies have made developers take a second look at scores of older manufacturing buildings. The small sums it takes to buy, rehabilitate and rent them are proving popular with investors and developers. The property market in Cape Town has been buoyant. Most projects have been in actual demand by buyers and tenants. It seems like this trend will continue into the foreseeable future as long as the success of the Western Cape continues.

YouTube video

Developers say the reuse of sturdy skeletons and foundations in these buildings keeps costs below those of new construction. Even with extensive renovations, erecting a new facility takes about half the time required. The high ceilings, clerestory windows, and skylights are desirable for small manufacturers. Additionally, they offer an aesthetic value to office tenants.

Profit is the dominant incentive for rehabilitation. Furthermore, there may be a desire to preserve historic architecture. However, contamination that results from industrial pollution sometimes hampers sales.

In conclusion, recycling outdated industrial buildings looks like a trend that will continue for many years.

Mob: +27 76 111 0000

Tel: +27 21 531 0026

E-mail: info@eppingproperty.co.za

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Articles & Documents

  • Secrets of Industrial Property Rentals in Cape Town
  • What to expect from the Industrial Property Market in 2024
  • Steps to Take to Modernise Industrial Buildings
  • The Benefits of Covered Loading for a Warehouse in Cape Town
  • Why Industrial Property remains a good source of cash flow
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Testimonials

Tafelberg Furnishers

Following a fire at our Epping factory, we decided to reconfigure the business differently and sell the Epping property. Epping Property secured us an excellent transaction to a solid purchaser. We would highly recommend Epping Property as experienced, trustworthy industrial property dealmakers.

Management, Tafelberg Furnishers

Epping Property
2020-01-16T16:01:19+02:00

Management, Tafelberg Furnishers

Following a fire at our Epping factory, we decided to reconfigure the business differently and sell the Epping property. Epping Property secured us an excellent transaction to a solid purchaser. We would highly recommend Epping Property as experienced, trustworthy industrial property dealmakers.
https://www.eppingproperty.co.za/testimonials/management-tafelberg-furnishers/

AVI Ltd

During November we were a little stuck in finding an appropriate warehouse to relocate to. Epping Property did an extensive search in all the central industrial areas. They eventually found our suitable premises and negotiated a deal that both ourselves and the landlord were very happy with.

Management, AVI Ltd

Epping Property
2017-05-08T11:48:22+02:00

Management, AVI Ltd

During November we were a little stuck in finding an appropriate warehouse to relocate to. Epping Property did an extensive search in all the central industrial areas. They eventually found our suitable premises and negotiated a deal that both ourselves and the landlord were very happy with.
https://www.eppingproperty.co.za/testimonials/management-avi-ltd/

Growthpoint Properties

Epping Property reliably assists us in keeping our portfolio in the Central Industrial areas of Cape Town tenanted with good, solid businesses. We can highly recommend anyone looking to rent or to buy property in Epping to deal with the experienced Epping Property team.

Management, Growthpoint Properties

Epping Property
2017-05-08T11:48:51+02:00

Management, Growthpoint Properties

Epping Property reliably assists us in keeping our portfolio in the Central Industrial areas of Cape Town tenanted with good, solid businesses. We can highly recommend anyone looking to rent or to buy property in Epping to deal with the experienced Epping Property team.
https://www.eppingproperty.co.za/testimonials/director-edge-properties/

Truworths Limited

We are exceptionally happy with the purchase of both 22 and 26 Bertie Avenue in Epping. It makes 100% sense for our company to have secured this location. We will now be expanding the warehousing and distribution side of our business onto the properties. Thank you.

Management, Truworths Limited

Epping Property
2017-05-08T11:49:17+02:00

Management, Truworths Limited

We are exceptionally happy with the purchase of both 22 and 26 Bertie Avenue in Epping. It makes 100% sense for our company to have secured this location. We will now be expanding the warehousing and distribution side of our business onto the properties. Thank you.
https://www.eppingproperty.co.za/testimonials/management-truworths-limited/
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