Industrial property for sale in George Park

Description

EXCLUSIVE SOLE MANDATE: An excellent investment opportunity in the established George Park industrial area. These two adjoining industrial properties are being sold together, offering a combined erf size of 1,258m² and immediate rental income. 6 UNITS: · 4 Units AT 130 m² each · ±7500.00 pm each (TOTAL ±R30 000 pm) · One unit – 230 m² storage (19 units) · 8 rented out – ±R850.00 pm (±R6 800.00 pm) · 1 small unit – ±R500.00 pm · 10 Vacant units – Potential rental of ±R5000.00 pm · One unit—250 m² workshop plus driveway—(±R15000 pm) The property comprises six fully tenanted units occupied by a mix of storage facilities, workshops and a takeaway business. Multiple tenants provide diversified income streams and reduce vacancy risk. Designed for practical industrial use, the buildings offer functional spaces that remain in high demand.... EXCLUSIVE SOLE MANDATE: An excellent investment opportunity in the established George Park industrial area. These two adjoining industrial properties are being sold together, offering a combined erf size of 1,258m² and immediate rental income. 6 UNITS: · 4 Units AT 130 m² each · ±7500.00 pm each (TOTAL ±R30 000 pm) · One unit – 230 m² storage (19 units) · 8 rented out – ±R850.00 pm (±R6 800.00 pm) · 1 small unit – ±R500.00 pm · 10 Vacant units – Potential rental of ±R5000.00 pm · One unit—250 m² workshop plus driveway—(±R15000 pm) The property comprises six fully tenanted units occupied by a mix of storage facilities, workshops and a takeaway business. Multiple tenants provide diversified income streams and reduce vacancy risk. Designed for practical industrial use, the buildings offer functional spaces that remain in high demand. Conveniently located in George Park, Strand, this income-producing investment is offered at R5,995,000 Excl. VAT (VAT payable where applicable). * AI-assisted image enhancement used for marketing purposes. Images may not represent the property exactly as viewed. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-413362774","type":"c"}));

What we know about this property

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Portal facts

Erf Size

1 258 m²

Floor Size

1585 m²

Description

Factory

Listing Date

31 July 2026

Listing Number

117487179

Street Address

24 Smit Street, George Park

Rates and Taxes

R 5 020

Type of Property

Industrial Property