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2 Industrial Warehouses for Sale
R 8,950,000
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11 months ago278 views
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Description
We are pleased to announce that we have 2 separate Industrial Warehouses for sale in the secure and safe Steinhoff Park Estate.
One site has foundations and a slab already (at the end of May 2023) at approximately 800 m2.
The construction on the second phase will start soon (700 m2)
The units will include toilet facilities and an office and kitchen or as by arrangement with the present owner (builder/owner).
Plans on request.
The present early development stage allows for the possibility of customising to tenant's requirements the cost of which can be factored into the transaction.
Services include municipal water, sewer, and electrical connections.
The standard electrical provision is for a 3-phase 380-volt 80-amp supply which can, on application, be upgraded to a 150-amp load facility, at the cost of the purchaser.
Occupation is planned for approx. 1 August 2023 or on the registration of transfer of the property to the successful new owner.
The rental expectation is between R65 to R75 per sq m2, which is measured with the current market values in the area.
The Steinhoff Industrial Park is an exclusive upmarket secure facility located in the Industrial area of George, Western Cape. This development primarily caters for high-end investors, the majority of which are corporate-owned nationals.
This Centre offers controlled access and 24-hour security services which ensures the safest Industrial space, situated in a park-like facility. The park is managed by a body corporate.
Levies are payable.
The price of the property excludes VAT.
Property Reference #: CL529
Agent Details:
Cassie Nel
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
One site has foundations and a slab already (at the end of May 2023) at approximately 800 m2.
The construction on the second phase will start soon (700 m2)
The units will include toilet facilities and an office and kitchen or as by arrangement with the present owner (builder/owner).
Plans on request.
The present early development stage allows for the possibility of customising to tenant's requirements the cost of which can be factored into the transaction.
Services include municipal water, sewer, and electrical connections.
The standard electrical provision is for a 3-phase 380-volt 80-amp supply which can, on application, be upgraded to a 150-amp load facility, at the cost of the purchaser.
Occupation is planned for approx. 1 August 2023 or on the registration of transfer of the property to the successful new owner.
The rental expectation is between R65 to R75 per sq m2, which is measured with the current market values in the area.
The Steinhoff Industrial Park is an exclusive upmarket secure facility located in the Industrial area of George, Western Cape. This development primarily caters for high-end investors, the majority of which are corporate-owned nationals.
This Centre offers controlled access and 24-hour security services which ensures the safest Industrial space, situated in a park-like facility. The park is managed by a body corporate.
Levies are payable.
The price of the property excludes VAT.
Property Reference #: CL529
Agent Details:
Cassie Nel
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
Id Subtitle 1209862781
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Estimated monthly repaymentR 96,992
Total property loan amountR 8,950,000
Total interestR 14,328,028
Total repaymentR 23,278,028
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Property Connect Hoofkantoor
Selling for 2+ years
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