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Sold in Epping Cape Town

Sold in Epping, Cape Town

Sold in Epping Cape Town. A prime industrial unit in Trippessa Park in Epping 2 has been sold by Epping Property. Trippessa Park is a modern industrial park offering 24-hour security and excellent visibility. The unit measures 509m² and is held by means of Sectional Title. Trippessa Body Corporate is a very well run body corporate. The buildings have been built with the most modern building materials with an emphasis on low maintenance. The up-to-date roofing is in full compliance with the highest international standards, including the high standards required for food-related businesses. Access to all the major highways is very good as is proximity to all forms of public transport.

Benefits of ownership via sectional title

Owning in a sectional title scheme has its advantages. An owner of a unit in a sectional title scheme automatically becomes a member of the scheme’s body corporate. The body corporate is the legal entity that owns and controls the common property in the sectional title scheme. The body corporate is responsible for laying down the rules that have to be adhered to by all the owners.

The body corporate receives funds from all the owners by means of levies, which are used to pay for the expenses of the sectional title scheme. Unlike freehold properties, where the owners have to pay for their own property insurance and for the upkeep of the pavement, garden, and exterior of their premises, owners of sectional title units pay a monthly levy instead. The levy usually includes the insurance premiums, maintenance of the common property, wages and salaries of cleaners, security and other staff involved in maintaining the common property, as well as any water and electricity required for the common property. Owners of sectional schemes usually only need to pay their rates and taxes, insurance for the contents of their premises and for their monthly electricity and water consumption. The specifics may differ slightly from complex to complex.

As the different units are within close proximity to one another, as compared to freehold properties, sectional titles have a greater sense of communal life. This allows for greater interaction which means that close-knit communities can be and usually are formed. It is also perceived to be more secure. Sectional title developments generally have good perimeter and entrance security, which is usually included in the monthly levies.

Buying into a sectional title scheme may be more affordable than buying into freehold property. The cost of living in a sectional title is often lower because the cost of maintaining the common property is shared by all the owners. Sectional title units are also very popular in the rental market and are usually leased out easily.

Benefits of locating one’s business in Epping Industria, Cape Town

  • The most central industrial node in Cape Town
  • Less traffic congestion than most other large industrial areas
  • Close proximity to all forms of public transport
  • 24-hour security in the whole of Epping Industria with 24-hour camera surveillance
  • Good availability of power for businesses
  • Wide roads offering good access to all forms of large trucks
  • Epping is actively managed by the Epping CID – the largest Community Improvement District (CID) in SA

Property Details

Price: R2,850,000
Type: Sold
Property ID: 278
Address: Bofors Circle, Epping 2
Rentable Area: 509.00 m²

Additional Features:
24-Hour Security, Epping 2, Industrial Park

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Sold

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Industrial Unit Sold in Epping, Cape Town

Contact Us About This Property

Mob: 076-111-0000

Tel: 021-531-0448

E-mail: info@eppingproperty.co.za

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Articles & Documents

  • Industrial Parks in Epping with smaller unit sizes
  • What to expect from the Industrial Property Market in 2021
  • New Industrial Property Developments in Cape Town
  • 15 Benefits of locating one’s Business in Epping Industria
  • Vital factors to consider when entering into a new Lease
SAPOA

Testimonials

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/

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/
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