Warehouse Space 1 Langkloof Street, Alrode South, Johannesburg, Alrode South

Large Warehouse Investment Opportunity with Three Long Term Tenants For Sale in Alrode South

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This 13 539m2 investment opportunity offers a 100% occupied multi-tenanted warehouse at a great price of +- R 32.12 million (+- R2 373/ m2) offering investors a historical NOI yield of 13.00%.

The space features a vast open warehouse floor with a simple reception area and office component as well as operational offices.
Eave height measures approx 5m to a max of 8m and there is massive 3 phase power 1300amps available at this property.

A yard area of approx 2000sqm is also available offering ample secure parking for light and heavy vehicles and the landlord is exploring the possibility of creating an entrance to the warehouse from Bosworth Street.

This property would be a great investment as there are three long term leases in place..

Building Description

1 Langkloof Street in Alrode, Alberton is home to a massive 12000sqm industrial warehouse property with approx 4000sqm for rent. The property is made up of 1 large warehouse with offices that has been sub divided for 3 users. The properties perimeter is protected by a high fence and there is 24h security present. The property benefits from a high power supply making this an ideal space for many manufacturing type operations. R59 highway access leading onto the N3 can be made in just minutes from this address via Kliprivier Drive. Up market suburbs near this property include Meyersdal and Brackenhurst offering various amenities such as hospitals, doctors, schools, police and various retail centres offering restaurants and banking facilities.