West Turffontein - Property Ref: f108803

Property
Description

Property Description

This corner industrial property is well positioned to maximise visibility, accessibility and long-term investment potential. Set on a 298 m² erf, the well-maintained property has recently undergone extensive renovations, offering a modern, professional appearance with minimal immediate capital expenditure required. The building is designed over two separate levels, providing flexible space suitable for a variety of industrial, commercial or light-manufacturing uses. A remote-controlled roller shutter door allows for secure and convenient access for vehicles, deliveries and operations, while dedicated on-site parking adds further convenience for staff and customers. The property is currently tenanted by a well-established tyre racing shop, generating an immediate rental income stream and making this an attractive opportunity for investors seeking a property with an existing tenant in place. With its prime corner position, excellent exposure, quality improvements and easy access to major transport routes, the property suits investors looking to expand their portfolio as well as future owner-occupiers. Please note that the existing lease is on a month-to-month basis; prospective purchasers should satisfy themselves as to the lease terms, zoning and permitted use and conduct their own due diligence.

Features

Stand size: 298 m²

Prime corner position with excellent exposure: Yes

Fully renovated building with a modern finish: Yes

Two separate levels offering versatile workspace: Yes

Remote-controlled roller shutter access: Yes

Secure on-site parking: Yes

3-Phase Power: N/A

Occupancy: Fully Tenanted

Lease Expiry Profile: Month-to-month

Easy access to major transport routes: Yes

Area Description

The property is located in West Turffontein, an established industrial and residential suburb in the south of Johannesburg, Gauteng. The area is well positioned for industrial and commercial activity, with excellent exposure and convenient access to shopping centres, medical facilities, the Johannesburg CBD and major transport routes, including the M1 highway, linking Turffontein to the wider Johannesburg metropolitan area.

Area Amenities

Turffontein Racecourse – approximately 2.0 km 

M1 Highway – approximately 2.8 km 

The Glen Shopping Centre – approximately 2.9 km 

South Rand Hospital – approximately 3.5 km 

Southgate Mall – approximately 4.7 km 

Johannesburg CBD – approximately 5.6 km