Validation Header

Validation desc

R 26 500 000 Bond Calculator | Industrial Property for Sale in Selby

39 Vlak St, Selby, Johannesburg

20
Erf Size: 15 897 m²

Great Investment Opportunity in Selby!

The Selby Mini-Industrial Park is situated at 39 Vlak Street, south of Johannesburg. The estate has 13 adequately equipped units varying in size available to let. Alternatively, the mini-industrial park presents itself as an attractive multi-tenanted mini-industrial park investment opportunity. The mini-industrial park is conveniently located allowing for ease of access onto the M1 and M2 highway as well as popular surrounding public transport routes in the area.

This investment opportunity is a multi-tenanted mini-industrial park for sale, comprising of 13 mini-industrial units spread over a total GLA of 6 254m2 . The industrial park is partially tenanted at 92.84%. This investment opportunity has a historical NOI yield of +-8.70% (if fully tenanted) at an asking price of R26.50 million (R4 237/m2). The industrial park has 13 units split into 3 rows of buildings. The internal configuration varies slightly as units comprise open-plan factory/warehouse space with eaves of +-6.5m. Of the 13 units, 12 have roller shutter door access with some having additional pedestrian access doors. Additional site features include a common area, security, a storeroom, transformer room, and separate access and egress gates. Situated in the South of Johannesburg, Selby is conveniently located in close proximity to popular areas being Booysens, Crown Mines, Amalgam, and the Johannesburg CBD. The area is easily accessible via the M1 Highway and is approximately 3.50km from Johannesburg’s city center. Because of its locality, Selby is a highly sought-after area for industrial property owners and tenants. Within the Selby area, available units range from mini-factories in secure business parks to large free-standing industrial properties, distribution centers to offices, factories, storage units, warehouses, and spacious yards.


Property Overview

Listing Number
113891660
Type of Property
Industrial Property
Street Address
39 Vlak St, Selby
List Date
24 January 2024
Lease Type
Fully Serviced Lease (Gross Lease)
Gross Price
R 4 200
Net Price
R 4 200
Availability Date
01 January 2024
Erf Size
15 897 m²
Floor Area
6 254 m²
Levies
R 1
Special Levy
R 1
Rates and Taxes
R 1
Zoning
Heavy Industrial

Facilities

Bathrooms
20, All units have bathrooms plus guardhouse, Executive bathrooms, In unit bathrooms
Board Rooms
13, Open Plan design, could be utilized as a boardroom
Kitchens
13, Neat in each unit, Sink
Reception Rooms
13
Office To Warehouse Ratio
10 %
Height For Racking
7 m
Truck Access
Superlink
Roller Shutter Doors
13

External Features

Parking
15, Secure parking in industrial park, Double parking, Single parking, Tandem parking, Visitor parking
Secure Parking
15, Secure
Outside Areas
1, Spacious truck articulation for any size trucks

Building

Building Name
Excellent Yield! Investment Property - Selby
Gross Lettable Area
6251 m²
Building Grading
B Grade
Multi Tenanted
Yes
Number of floors
2
Height Of Roof
7 m
Height Of Eaves
7 m
Power Availability
Three Phase

Other Features

Height Restriction
2 m²
Nearby Public Transport
Bus, Train, Minibus Taxi
Internet Access
ADSL, Dial-up, Fibre, Satellite
Wheelchair Accessible
Yes


Contact AgentWeb Ref 113891660

phone Show Contact Number

Send Agent a Message

A message will be sent to the Agent on your behalf.

By continuing I understand and agree with our Terms & Conditions and Privacy Policy.

Agency

Agency profile logo

Agents

Calvin Bramhill
View Agent's Properties
phone Show Contact Number

Latest Listings


  • Vacant Land / Plot for Sale in Selby, Johannesburg
    R 63 604 800

  • Industrial Property for Sale in Selby, Johannesburg
    POA

  • Industrial Property for Sale in Selby, Johannesburg
    R 4 500 000

  • Industrial Property for Sale in Selby, Johannesburg
    R 6 500 000

  • Industrial Property for Sale in Selby, Johannesburg
    R 32 000 000