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7 Turf Road,Krog Industria

Warehouse

GLA 745m2
GAI R421
Occupancy 100%
No. of Stories 2
No. of Buildings 1

Opening Bid

2,000,000

Current Highest Bid

R4,335,000

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Property Highlights

Investment Opportunity
Centrally Located
Erf Size: 1 489 m²
GLA: 745 m²
Long standing tenant
Low Maintenance

Documents

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Sales Executive Details

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Descriptions

The area of Boksburg is centrally located between Benoni and Kempton Park with fairly easy access to the OR Tambo Airport. The area is home to a large contingent of industrial and commercial properties and the facility is next door to the townships of Wattville and Actonville. East Rand area is highly rated because of the excellent road access to the airport, central to Pretoria, Johannesburg and not too distant from the West rand. The location of the property itself is surrounded by major factories and Industrial suppliers. The property is situated just off Cason Road, which feeds from the R21 Boksburg/Benoni highway and is well located for labour and staff compliments. The property offers a double volume, light industrial factory with an attached double storey office component. The office component comprises of a reception area, admin office, kitchen, male and female ablution facilities on the ground floor. The first floor office, accommodates 3 offices. The offices are fitted with split air conditioning units. The factory component has an open plan design with staff ablutions and change room to the rear of the unit. The tenant, who has occupied the premises for the last 17 years, conducts an industrial bakery and utilizes the entire property. The tenants have indicated that they intend on staying in the premises, as it has been modified to the tenant’s requirements. We have not undertaken a structural survey of the above-described improvements or finishes, nor have we arranged for tests or inspections to be carried out on any of the service installations.

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.