R12,000,000

R12,000,000

1,305m² Warehouse For Sale in North Beach
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1,305m² Warehouse For Sale in North Beach

Web Ref. TPC1596
Land size 800.00 m²
Floor size 1305.00 m²
Monthly Bond Repayment
R109,768.71
The subject property is situated within the well-established Hunter Street industrial precinct of the CBD. The area comprises a diverse mix of older, refurbished, and redeveloped industrial properties, including warehouses, workshops, and showroom facilities. It benefits from excellent accessibility, with a well-developed road network providing convenient links to the port, CBD, and surrounding commercial and industrial hubs.
The property is suitable for industrial, warehousing, distribution, and showroom use, offering a strategic location for businesses requiring central access and good transport connectivity. Despite some challenges relating to crime and the gradual deterioration of municipal infrastructure, the precinct remains an established industrial node with consistent demand from commercial occupiers.
Market rentals for quality warehouse accommodation in the area typically range between R40/m² and R50/m², while showroom space commands rentals of up to R70/m², depending on the property's condition, location, and specifications. A lease escalation of 5% per annum is considered to be in line with prevailing market trends for net leases.

Warehouse: 1300m2.
Rates: R5800
Internal Office Space: 400m2
First floor-concrete-700m2
Rates on the above R3100
Show room

Features

Zoning
Industrial
Interior
1 Kitchen
2 Bathrooms
Exterior
Security
Sizes
Land Size 800 m²
Floor Size 1,305 m²
Listing Info
Date Listed 26-06-26
Time Listed 12:31

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.