For Sale, Investment Sale R16,800,000 - Industrial property, Showroom, Warehouse
Industrial property for sale with a lease in place. Investment sale.
For sale – this prime industrial property with retail and commercial potential is a well-known landmark building on the corner of Bosmansdam Road and Democracy Way, Marconi Beam, Milnerton.
The property is located within the area most sort after by IT and Hi Tech distribution companies in Cape Town and is conveniently located on the shoulder of Century City.
It enjoys excellent exposure on to Bosmansdam Road, which has a very high traffic count.
The property has the same zoning as Sable Square/China Town Shopping Centre which is a mixed-use office and retail development..
The tenant in the property currently enjoys the high grade office and warehouse space, which it uses for distribution, some manufacturing and sales. The property could easily be turned into a showroom or factory shop becuase of its location and passing traffic.
The property is approximately 15 years old and it has been well maintained. It consists of a double storey office block and warehouse component.
The construction is a portal steel frame with brick infill to the eaves height of 5.5 metres and a pitched steel roof.
General business one – GB1 – mixed-use commercial zoning. The property is currently used as a warehouse with office for sales and distribution.
Total floor space = 1,824 m²
Warehouse: 1,182 m²
Office: 542 m²
Mezzanine: 100 m²