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Fully Tenanted Industrial Park – Springs

58 Watt Road New Era Springs
R18,000,000

Detail

Updated on January 28, 2021 at 8:24 am

  • Property Type: Industrial
  • Property Status: For Sale
  • Income: R183 574.10 net p/m
  • Zoning: Industrial
  • Extent : ±1.3248 ha

Additional details

  • FAR : 0.47
  • Height : 2 Storey's
  • Municipality : Ekurhuleni Municipality
  • Rates: R13529.16 p/m
  • Security : Controlled Access
  • Parking : Open and Covered

Description

All services are provided by the local municipality with infrastructure and services
managed by the council. There is active manufacturing industries surrounding the property.
Activities on the property include the manufacturing and refurbishment of metal structures, storage and packaging manufacturing. Access is controlled by means of an electric gate with a full time security guard and the offices are secured by an electronic front door.
Fencing and walls secure the perimeter.

Offices:
The office buildings are constructed. The buildings are in good condition and the roof’s are with corrugated metal sheeting. Metal window frames feature throughout and there are burglar bars fitted on all windows. Steel frame doors are fitted to all access points.
Factories & other buildings:
The outbuildings are constructed of steel and brick with heavy duty metal beams to accommodate the overhead cranes and are in good condition. The main factory buildings are in good condition while some of the storage facilities and ablution areas are in an older but operational condition. The factories are divided into separate spaces housing various tenants and businesses.
There are 10 carports with the shade netting removed( currently being refurbished) and sufficient open parking available on the premises. The buildings are divided into large factories with overheard cranes and smaller units with separate offices and no overhead cranes.

Interior:
The interior of the offices are of good quality and has been maintained well.
The walls are a mixture of exposed face brick and plaster finishes.
The main factory is in good condition with concrete flooring while some of the other buildings are in a fair condition with similar but older finishes.
There are storage rooms, offices and a board room attached to the main factory building that is neatly tiled and in good condition. The other factories have older but maintained offices and the larger unit at the rear have recently refurbished offices at the front of the structure which is neatly tiled with good quality finishes

Additional Information

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