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2,186m² Warehouse For Sale in Linbro Park

R23,000,000

Web Ref No Tv2186FS

Investment property for sale in Linbro park

A-grade industrial property available to rent, boasting prime highway exposure and excellent infrastructure. This free-standing facility is situated within a secure business park with 24-hour security and controlled access. With a total GLA of 2,187m² on a 4,828m² erf, the site offers a large, paved yard ideal for truck access and turning. The warehouse features great internal height, natural lighting, and 150 amps of 3-phase power, with a large roller shutter door for efficient loading. The property also offers strong investment appeal with a lease in place from 1 December 2024 to 30 November 2028, generating a monthly rental income of R207,224.

The office space is exceptionally neat and modern, offering a professional environment for administrative operations. There are 18 under-cover parking bays and well-appointed ablution facilities for both office and warehouse staff. Operating costs include monthly rates of R16,623, levies of R4,601, and insurance (TBC). With a gross yield of 10.81% and a net yield of 9.7%, this property presents both a strong return on investment and an ideal operational base for logistics or light manufacturing.

Features

Open Parkings 10
Zoning Industrial
Covered Parkings 18
Monthly Rates R16,623.00pm Excl. VAT
Monthly Levy R4,601.00pm Excl. VAT
Floor Size 2,186m²
Land Size 4,828m²
Power 3 Phase Yes
Power Amps 150
Security Yes

Broker Contact Details

Tyrone Varga
Principal Property Practitioner
Registered with PPRA
(FFC 114 321 7)

Cell 072 869 3246
Office (010) 0354431
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