1,250m² Warehouse For Sale in Newlands
R3,800,000
86 St Georges Street
Web Ref No CL75132
750m² Freestanding Warehouse For Sale in Newlands
This 1,250m² freestanding industrial property on a 1,981m² stand is for sale in Newlands for R3,800,000 (ex VAT). Offering excellent functionality and accessibility, the property features a spacious warehouse with multiple roller shutter doors, ideal for various industrial or distribution operations.
The site includes dedicated storage areas, a neat reception, well-maintained office spaces, and a fully equipped kitchen. Conveniently located with easy access to major roads, the property ensures operational efficiency for both logistics and staff.
A significant bonus is the existing tenant who occupies a 472m² portion of the property, generating a monthly rental income of R25,000, with annual escalations of 8%, providing an immediate return on investment.
This is a practical, well-positioned industrial opportunity in the heart of Newlands—ideal for both investors and owner-occupiers seeking a secure income stream with room to grow.