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Description

Introducing Industrial Unit 27, a 220m2 space available from 01/04/2024 at R65/m2. Situated within Gunners Factory Park, this light industrial park and office block encompasses 11,565m2 and is centrally located on the corner of Gunners Circle and Grenville Avenue in Epping Industrial.

Epping Industrial offers numerous benefits for businesses, including its strategic location as one of Cape Town's largest and most established industrial areas. With easy access to major transport routes such as the N1 and N2 highways, as well as the Cape Town International Airport, Epping Industrial provides seamless connectivity for logistics and distribution operations. Additionally, the area is serviced by an extensive network of public transport, facilitating accessibility for employees and visitors.

Gunners Factory Park offers 24-hour security guard placement and surveillance cameras for enhanced safety and peace of mind. Offices within the park enjoy high exposure onto Gunners Circle, while the factory units boast double-volume ceilings, making them ideal for storage purposes. It is worth noting that Gunners Park is no longer impacted by load shedding and does not experience any related power outages, ensuring uninterrupted operations for tenants.

The value of ZAR 265 million attributed to Epping industrial sales indicates that the area commands higher prices compared to the average industrial property value in the market. The average property value in Epping is ZAR 26.5 million, significantly higher than the overall market average of ZAR 8,13 million due to the cheaper rate per m2 basis and size of each stand. 91 009 m2 was sold at an average of ZAR2920 per m2. When considering your investment or leasing strategy, know that properties in Epping are at a fair rate per m2. Epping accounted for 10 out of 449 units sold in the total industrial property market in 2023 and 250 properties are currently for let. Talk to an investor/leasing-friendly agent and seek advice prior to decision making – including risk management, financing and growth opportunities.

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Details

Updated on March 20, 2024 at 1:26 pm

  • Reference #: 1359060
  • Price: R65 per ㎡
  • Suburb / Town: Cape Town
  • Property Type: Industrial Property
  • Available From: April 1, 2024
  • Building Size: 220.0 ㎡

Additional Features

  • Mandate Price:gross price/metre squared
  • Measuring Unit:Metres Squared

    Address

    Unit 27 Gunners Circle