Gauteng Randburg Ferndale Apple Storage Park B, Apple Storage

Park B, Apple Storage - Office Space For Sale in Ferndale

Listing Details

R 6 927 999
Asking price
Rate R7522 / m²
Size 921 m²
Address Park B, 533 West Ave, Ferndale, Randburg, 2194, South Africa
Area Ferndale

Investment Opportunity – Storage Yard for Sale in Ferndale, West Street Overview: A prime investment opportunity is available for sale in Ferndale, selling as a going concern. This property is an established storage yard offering 62 storage units that generate a reliable monthly income. Key Features: Land Value: R2,700,000 Development Costs: R1,500,000 Storage Containers: 62...

Investment Opportunity – Storage Yard for Sale in Ferndale, West Street

Overview: A prime investment opportunity is available for sale in Ferndale, selling as a going concern. This property is an established storage yard offering 62 storage units that generate a reliable monthly income.

Key Features:

  • Land Value: R2,700,000
  • Development Costs: R1,500,000
  • Storage Containers: 62 units valued at R44,000 each, totaling R2,728,000.

The storage yard includes:

  • Security Systems: CCTV surveillance, panic buttons, full electric fencing, and floodlights.

Income Generation:

  • Total Storage Units: 62 (32 bottom units, 30 top units)
  • Monthly Rental Income: R72,920 from all units combined.

Monthly Expenses:

  • Management: R1,070
  • Electricity: R400
  • Municipality: R3,300
  • Security: R845
  • Subscription: R350

Total Monthly Expenses: R14,965

This opportunity offers a steady income-generating asset with a solid security system in place, making it an excellent prospect for any investor.

Amenities
Location
Building
Feature Details
Standalone Included
Apple Storage Park B, 533 West Ave, Ferndale, Randburg, 2194, South Africa Ferndale

Building Description

This well-secured storage facility is located in the heart of Ferndale, offering a modern and practical solution for both personal and business storage needs. The property features 62 premium storage units, split between 32 ground-floor units and 30 upper-floor units, providing ample space and flexibility for various storage requirements.

The yard is fully enclosed with electric fencing and equipped with state-of-the-art security systems, including CCTV surveillance, panic buttons, and floodlights for enhanced safety. Additionally, the facility is monitored 24/7, ensuring the security of stored items and peace of mind for tenants.

The site layout is designed for easy access and maneuverability, with wide driveways for vehicles and convenient load-in/load-out points. The property is fully developed with durable storage containers, each constructed to withstand weather conditions and keep stored items safe and secure.

Ample parking and on-site management services are available, ensuring a smooth operation for tenants. Located in a prime area of Ferndale, the yard is easily accessible from main roads and nearby public transportation routes.

This storage facility not only provides security and convenience but also represents a lucrative investment opportunity with a stable revenue stream.

Thabiso Matloporo

Thabiso Matloporo

Leasing specialist

Thabiso Matloporo is your broker for Ferndale. Get in touch to arrange a viewing or discuss lease terms.

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