LOCATION: Albertina Sisulu road (previosuly Main Reef).
Prime, free-standing facebrick retail property with excellent street exposure, located in the vibrant industrial area of Technikon, Roodepoort.
Less than 2 km away from Westgate Shopping Centre, Ontdekkers road and Roodepoort CBD.
SIZE: The entire stand is 2,737 m2 in size.
It comprises a total area under roof of around 1,350 m2 and a fully paved yard and parking area of around 1,387 m2.
ZONING: Industrial 1
COVERAGE: Permitted coverage is 85% with height of 3 storeys allowed, therefore additional coverage of around 1,000 m2 under roof single storey can still be built on the property. This can be further increased if multiple storeys are built.
The property can be used for industrial or retail such as building supplies, paint shop, panel beater, auto spares, etc.
Situated opposite a Paints dealer and next to Jumbo Supermarket.
The property has been used for retail purposes for over 25 years and has been leased by CTM, Shoe City, Tile Trend and National Tile Traders.
Ideal for the following:
Smoke free Factories (Clothing, Furniture etc) Bakery, Fuel station, Church, Retail stores.
The property is also two doors down from Roodepoort Home Affairs and the Labour Department, which are key public landmarks in the area visited by many people daily, adding to the visibility of the property.
With it’s ample on-site customer parking, it is one of the very few properties in the area with the size and layout required for retail or public activities.
Additional public parking is also available.
Roller door access provides a convenient delivery entrance.
RENTAL/LEASES: The entire property was recently occupied by a church.
Current gross rental payable by the tenant is R59 900.00 per month excluding VAT.
The rental excludes assessment rates, consumables and VAT which are payable by the tenant.
The property can also be purchased at R5.8 Million excluding VAT