Industrial Property For Sale in Kempton Park

Property description

INVESTMENT PROPERTY FOR SALE in Isando, Kempton Park, 45 to 49 Diesel Road is an expansive 22,668m2 Warehousing, Distribution & Manufacturing Facility.

Selling Price = R106.6 million ex vat, representing great value at c.R4,700 per m2.

Single tenant in occupation yielding a healthy return on investment of 15.5% per annum.

Isando is a well-established industrial node just west of OR Tambo International Airport and well-positioned between two major highways, namely the R21 and R24.

The property has great fundamentals including;
- 31 roller shutter doors, of which 22 at dock height and 9 on-grade.
- generous yard space offering good circulation for links,
- 11m eaves height
- Fully sprinklered with dedicated tanks and pumphouse.
- Solar installation
- 1.0MVa (1,500amps) of power.