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Fully Let Business Park In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R76,000,000
Sales Revenue:
R15M - R100M
Cash Flow:
R15M - R100M

Introduction
Welcome to an Exciting Investment Opportunity at Clovelly Business Park

Are you looking to make a strategic investment in the thriving real estate market? Look no further. Clovelly Business Park, strategically located on Old Pretoria Main Road in Midrand, is now available for serious investors like you.

Location and accesibility
Prime Location for Warehousing and Distribution

Situated in the heart of Midrand, Clovelly Business Park offers more than just a property; it offers a gateway to seamless logistics and distribution. Its strategic placement grants exceptional access to key routes such as the N1, N3, and major metropolitan centers like Pretoria, Johannesburg, and Durban.

Current state of the business park
A Fully Let Corporate Hub

Discover a fully let corporate hub where success thrives. Clovelly Business Park is currently home to a diverse range of reputable tenants, making it a dynamic and vibrant business ecosystem.

Reason for selling
Unlocking Potential Beyond Portfolios

As a corporate-owned and professionally managed property, the time has come for Clovelly Business Park to find new horizons. It is being offered for sale as it no longer aligns with its current portfolio's strategic direction, presenting an exceptional opportunity for savvy investors like you.

Investment potential
Unleash the Potential of Warehousing and Logistics

In an era where efficient supply chain management is crucial, Clovelly Business Park stands as a beacon of opportunity. With its tailor-made infrastructure, it promises attractive returns in the booming warehousing, distribution, and logistics sectors.

Financial information
Solid Returns Await

Potential investors are invited to explore the solid financial returns this property offers. Expect a comprehensive financial package showcasing attractive rental income, strong occupancy rates, and the security of established, long-term leases.

Call to action
Seize the Opportunity Today

Don't miss out on this exclusive investment prospect. To receive detailed financial information and initiate the next steps, reach out to our dedicated team. Contact us today to secure your place in the future of Clovelly Business Park.

Property details
A Glimpse of Excellence

Spanning an impressive 25,440 sqm erf, Clovelly Business Park boasts a substantial 12,520 sqm Gross Leasable Area (GLA). The property encompasses a range of modern facilities and amenities, ensuring a seamless and efficient business environment.

Insurance replacement value
Value that Speaks Volumes

With an estimated insurance replacement value of R187,800,000.00, Clovelly Business Park offers an exceptional proposition. This figure underlines not only its physical worth but also its potential for long-term value appreciation.

Property Information

Real Estate:

Real Property Included

Location:

Old Pretoria Road, Midrand

Premises Details:

This is a multi tenanted, fully let property. It is situated on 25,440 sqm of land and comprise of a general lettable area of 12,520 sqm.

Size in square feet:
12,520 sqm
Planning Consent:

N/A

Business Operation

Expansion Potential:

The property is fully developed

Competition / Market:

N/A

Reasons for selling:

The property is owned by a listed company whose main focus is investment in inter-modal and international supply chain and logistics real estate. This property therefore currently does not fall within their strategic investment startegy.

Other Information

Furniture / Fixtures value:
R187,800,000