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Description

Presenting Unit 2, a 321m2 warehouse / industrial space positioned on the busy Voortrekker Road in Maitland. The unit includes a bathroom, office space, and a roller shutter door. Available for immediate occupancy. Op costs of R1 065.

With approximately 100 out of 441 properties currently on the market, Maitland has a moderate vacancy rate. This suggests a relatively balanced leasing market compared to some of the other areas previously discussed. The average cost per m² of R5,823 is competitive. However, landlords may need to offer competitive leasing rates to attract tenants and fill the vacant properties, especially considering the moderate vacancy rate. The average stand size of 1,450 m² caters to businesses requiring medium-sized industrial spaces. This can attract a variety of tenants with different space requirements, providing a broader range of leasing opportunities. The sale of 16 units in 2023 with an average property price of R8.44 million indicates moderate sales activity. Investors should analyze the reasons behind the sales volume and consider factors such as market conditions, property pricing, and buyer preferences.

Maitland's strategic location offers numerous benefits for industrial businesses. Situated within close proximity to major transportation routes such as the N1 and N2 highways, as well as the M5, companies in this area enjoy seamless connectivity to key markets and logistical networks. Additionally, Maitland's vibrant industrial scene fosters a dynamic business environment. With its central position and excellent connectivity, Unit 2 in Maitland presents an attractive opportunity for businesses seeking a strategic foothold in Cape Town's bustling industrial landscape.

The matchmaking of owners to buyers & tenants. 

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Details

Updated on April 3, 2024 at 3:55 pm

  • Reference #: 1360023
  • Price: R22,416
  • Suburb / Town: Cape Town
  • Property Type: Industrial Property
  • Available From: February 22, 2024
  • Building Size: 321.0 ㎡

Additional Features

  • Mandate Price:total gross price
  • Measuring Unit:Metres Squared

    Address

    364 Voortrekker Road