Property Description

HIGHLIGHTS

• Investment Grade, Potential to increase Rental income
• 5 Large Units suitable for Heavy Manufacturing
• Each unit has direct access to the road
• Prime Industrial Node close to JHB CBD
• High 3-Phase Power Availability

THE STORY

High yielding tenanted investment portfolio in an established industrial node West of Johannesburg CBD.

This is a listed fund disposal of an investment portfolio consisting of 5 large units with a total GLA of 8026m2. The portfolio is currently 80% occupied with a strong covenant of tenants, and is close to major arterial routes in and out of Industria and Johannesburg CBD.


Each unit is equipped with a small office component, ablution facilities, and security systems. The roof has recently been renovated on approximately 60% of the warehouses, and the buildings are solid and well kept.

VIEWINGS: Contact Aiden van Dyk (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 5% ex VAT

NOTE:

• The Opening Bid Is Not The Reserve Price

• The Winning Bidder Will Pay (Immediately Upon Request) A Deposit Of 10% Towards The Transaction And A 5% Buyer Premium Plus VAT By EFT Into The BidStream Trust Account Immediately After The Auction. The Balance Of The Purchase Price Will Be Secured By The Purchaser Within 30 (Thirty) Business Days Of Acceptance Of The Offer.

• Should The Reserve Price Not Be Met, The Highest Bid Will Be Presented To The Seller For Consideration After The Auction.

• Offers Can Be Submitted Prior To Auction Commencement For Consideration. Contact The Listing BidStream Consultant.

• All Viewings & Due Diligence Must Be Completed Before The Auction. Please Contact The BidStream Consultant To Arrange This.

  
  

Please note the following will be required to register to bid:

• Copy Of Bidders ID
• Selfie Photo Of Bidder Holding ID Next To Face
  • ID Details And Face Must Be Recognizable
• Proof Of Address
  • Rates Bill Or Lease Agreement
• Letter Of Authority On Behalf Of A Jurisdic Entity
  • If Applicable
• Signed BidStream Participation Rules
  • Ask Your BidStream Representative For This Or Download Below

DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.