Warehouse Space 56 Mullet Road, Wadeville

The GLA not only comprises of the factory but also office space. In addition to this, the investment opportunity also earns additional income through a Vodacom cell tower situated on site. It is estimated that this investment property obtains an average rent/㎡ that is more or less in line with the area market rate at +- 2.00% above market averages. Overall, the area has achieved a 2.40% five-year compounded annual growth rate in average sales prices, making it an attractive entry point.

Wadeville is a mature and formidable industrial node and as such, it is no surprise that enterprises such as Coca-Cola Beverages South Africa, Pioneer Foods, and Consol have settled within the area’s boundary lines. The area is serviced by a great road network which in addition to the great locality of this investment opportunity allows for ease of access to noteworthy business districts, industrial nodes, airports, and transport links such as; M53 (+- 850 meters), N17 (+- 2.50 km), Alrode Industrial Node (+- 9.30 km), OR Tambo International Airport (+- 23 km), Johannesburg CBD (+- 21 km).