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3 Bolt Street, Knights, Germiston Extension 13

Warehouse

GLA 1,082m2
No. of Stories 1
No. of Buildings 1

Opening Bid

1,500,000

Current Highest Bid

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Property Highlights

PRIME INDUSTRIAL FACTORY
OFFICES & MEZZANINE
HIGH EVE
3 PHASE POWER – 400V
VACANT OCCUPATION

Documents

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Sales Executive Details

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Descriptions

• Offices - 276 m² • Factory - 504 m² • Mezzanine - 302 m² • Double Volume structure constructed of a steel portal frame with face brick infill to eve height under a pitched IBR roof. • Power floated concrete screed floor under halogen and fluorescent lighting. • The Factory comprises a corner stand and has two access points - being 2 x 5 meter roller shutter doors. Internal offices and ablutions comprise a double level with reception, storage and change rooms to the ground floor with open plan offices and storage to the upper level. • The property is well secured and is within an established industrial node. There are both active and passive security systems and access is security gate controlled. • Power 125A 400V 3Phase Germiston Industrial • The industrial node of Knights is within close proximity to other major industrial nodes including Anderbolt, Driehoek, Wadeville and Roodekop. The sectors main industries include manufacturing, bulk storage, engineering and transport. • The CBD of Germiston is recognized as the Capital City of Greater Ekurhuleni - the area boasts an International Airport, OR Tambo International, and a commercial and recreational airport, Rand Airport. • As at November 2019, the National Industrial Vacancy as reported by IPD was @ 3.7%, this is down from a revised 4,2% as at June 2019. The current Vacancy has not weighed on base rental growth of older industrial buildings, there is a clear migration back to these buildings offering lower rentals and affordable sales pricing.

Disclaimer

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on www.instantproperty.co.za, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.