Warehouse Space Oosterland Street, Paarl

This industrial warehouse in Dal Josafat, Paarl, offers several features ideal for a variety of industrial operations. Here’s a detailed summary of the property:

Property Details:

• Location: Heavy industrial zone in Dal Josafat, Paarl
• Building Features:
  • 3 Roller shutter doors
  • Compacted concrete flooring
  • 3-phase electricity
  • Boardroom
  • Office space
  • Reception area
  • Kitchen
  • Storage space
  • Height to eaves: 4.5 meters
  • Building split into two sections, with the potential to open up for a larger floor area 

Leasing Details:

• Current Status: Owner occupied
• Lease Agreement: Owner willing to sign a lease agreement of 12 - 18 months with the new owner
• Rate: R100,000.00 per month (excluding VAT)
• Escalation: 8% if the lease term exceeds one year
• Lease Type: Triple net lease (NNN)

This warehouse is suitable for businesses requiring significant space and robust infrastructure for a variety of industrial activities. The option for the current owner to lease back the property could provide a stable rental income for the new owner.

If you're interested in this industrial warehouse and would like to own a stable investment, please contact us today for more information and to arrange a viewing. Don't miss out on this opportunity to secure a prime industrial property in Paarl.