Warehouse Space 11 Broad Street, Park Central, Johannesburg, Selby

R12 798 786 | 6393 m2 @ R2002 per m2

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Multi-Tenanted Mini-Industrial Park for Sale

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A B-grade multi-tenanted mini-industrial park for sale in Selby, consisting of 13 mini-warehouse units, 2 storage units, office and yard space spread over a total GLA of 6 393m2. The mini-industrial park is currently tenanted at 58.00% occupancy with an average lease length of 2 years. The current rentals in the property are in line with market-related rentals in Selby and annual escalations are at 7.00%. The property produces a forward NOI yield of +-6.79%. If fully tenanted, the property produces a forward NOI of +-15.73% at an asking price of R12.80 million (R2 002/m2).

This property consists of 13 mini-warehouse units ranging in size between 54m2 and 2 641m2 and 2 storage units spread across multiple levels. Each unit consists of warehousing, office and yard space available for ground floor units.

Situated in the South of Johannesburg, Selby is a conveniently located area in close proximity to popular areas Booysens, Crown Mines, Amalgam and Johannesburg CBD. The area is easily accessible via the M1 highway and is approximately 3.5km from Johannesburg city center. Because of its locality, Selby is a highly sought-after area for industrial property owners and tenants. Within the Selby area, available units range from mini-factories in secure business parks to large freestanding industrial properties, distribution centers, offices, factories, storage units, warehouses and spacious yards.

Furthermore, Selby is in close proximity to various points of interest that include; the M1 metropolitan route(0.50km), Crown Mines (2.30km), Booysens (3.00km), Amalgam (3.70km), Johannesburg CBD (3.50km) and OR Tambo International Airport (32.80km).

This is an opportunity that should not be missed! Contact me for more information regarding this investment opportunity.

Building Description

B-Grade Multistory Building for Lease in Park Central, Johannesburg – Secure with Easy Access to Major Highways and Transport

B-grade 11 Broad Street property in Park Central, Johannesburg, offers secure multistory office space with proximity to major highways and transport routes.

Property Description:

This B-grade, well-maintained multistory building at 11 Broad Street, Park Central, Johannesburg, offers excellent security with automated gate access to both front and back sections. Located near the M1 and M2 highways, this property provides convenient access for businesses requiring efficient transportation links. The building offers stunning views of Johannesburg CBD, sitting near the iconic mine dumps, and is close to major bus and taxi routes such as Booysens Road and Eloff Extension Street. It’s also within walking distance to Faraday and Village Main train stations, making it easily accessible for staff and clients alike.

Features and Amenities:

  • B-Grade Multistory Building – Well-maintained and ideal for growing businesses.
  • Secure Premises – Automated gates provide access control to both front and rear areas.
  • Proximity to Highways – Easy access to the M1 and M2 highways for smooth transportation.
  • Public Transport Accessibility – Close to Booysens Road, Eloff Extension Street, and major bus and taxi routes.
  • Train Access – Walking distance to Faraday and Village Main train stations.
  • Magnificent Views – Overlooks Johannesburg CBD and iconic mine dumps.

Benefits and Opportunities:

  • Strategic Location: Situated in Park Central, offering connectivity to major highways and public transport.
  • Secure Environment: Automated gates enhance security, ideal for businesses prioritizing safety.
  • Scenic Views: Enjoy panoramic views of Johannesburg's iconic landmarks and cityscape.
  • Convenient Transport Links: Easy access to bus, taxi, and train routes ensures convenience for staff and clients.

Secure this well-maintained B-grade building in the heart of Johannesburg! Contact us today to schedule a viewing and discover how this property can elevate your business.

Broker Details

Calvin Bramhill, Commercial Property Broker

Calvin Bramhill

M: 072 904 0926

O: 087 234 8000

E: calvin@anvilproperty.co.za

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