Industrial Property for Sale Cape Town. A large national company tenants the property. Ideally, the Seller would like to conclude a sale and leaseback with a lease of 5 years with a 5-year option to renew the lease. 3,189 m² of buildings on this 4,248 m² site.
This is an ideal property for an investor wanting to invest in industrial property. Epping Industrial is a solid, stable industrial suburb, and the tenant who would sign the lease is a long-established company.
Initial rental at about R48/m² plus Vat. This will give a purchaser an initial yield of about 10.5% in the first year of ownership.
800 amps of power.
Multiple roller shutter doors.
Being on Gunners Circle in Epping 1, access to public transport is good. Epping 1 has wide roads that flow fast. The roads are wide enough to handle much of today’s modern transport requirements.
Epping is an industrial area of Cape Town just 12kms from the centre of the city. Being a long-established industrial suburb, it boasts all the infrastructure and facilities that manufacturers and business owners need. Its convenient location south of Thornton and north of Langa with Pinelands to the east gives property owners or potential buyers easy and fast transport connections. The N1, N2, N7 and R300 highways offer quick access to most parts of Cape Town. The proximity of Cape Town International Airport is another huge plus.
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Property ID: 232
Rentable Area: 3,189.00 m²
Erf Size: 4,248.00 m²