SOLD

Industrial Property for sale in Thornton. The Property consists of 2 interleading sectional title industrial factory/ warehousing units. The area of both units totals approximately 163m². The complex is the popular Viking Business Place.

The option exists to purchase the company which owns both units. Audited financials are available and have no liabilities.

There is a lease with a monthly rental income of about R13 000 ex VAT. This is currently a short-term lease.

The selling price excludes VAT.

The property is on Thor Circle in Thornton, across the road from Epping 1 and the Cape Town Market. The buildings are also more modern in construction and are perceived to be more exclusive than those in Epping. There are no buildings with asbestos roofing in this neighbourhood, thus attracting better tenants and businesses who strive for better buildings with better facilities. Therefore, various significant companies have relocated to Thor Circle. Examples of such enterprises are Bidvest and Senior Flexonics. Most of all, they love this location.

Industrial Property for sale in Thornton

WELL-RUN COMPLEX AND BODY CORPORATE

A professional management company, Watchprop, manages all aspects of Viking Business Place. Management meetings with the Trustees are held regularly. The park is always neat, tidy and clean. All businesses in the park pride themselves on working in a clean, uncluttered environment.

Viking Business Place does not often have units for rent due to its popularity.

Thornton and Epping are very convenient locations for a business to locate to. Access to N2, M5, M7 and N1 highways is quick. Opposite Epping 1 in Cape Town. Close to Cape Town Market. Good availability of public transport – rail (2 lines), buses and taxis. There are many benefits to being in the Epping Industria area.

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Property Details

Price: R1,950,000
Type: Sold

Address: 29 Thor Circle, Thornton
Rentable Area: 163.00 m²
Property ID: 233

Additional Features:
24-Hour Security, Non-asbestos Roof, On-Grade Loading, Thornton

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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

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

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