Introducing a  ground floor 850m2 warehouse unit in Paarden Eiland, available at an rate of R90/m2. Renovated to a high standard, this space boasts modern amenities including an inverter system ensuring consistent power supply, LED lighting throughout, and a CCTV camera system for enhanced security. The unit offers versatile workspace options, with a reception area, an open-plan office, two boardrooms, and three bathrooms. Additionally, tenants benefit from the convenience of drive-through access, a security gate, and roller doors on either side of the warehouse, maximising operational efficiency and flexibility.

Strategically located in the bustling industrial hub of Paarden Eiland, this warehouse unit offers unparalleled advantages for businesses. Paarden Eiland provides easy access to major transportation routes such as the N1 and N2 highways, ensuring seamless connectivity for logistics and distribution operations. Its central location within the Cape Town metropolitan area offers proximity to key business districts and commercial centres, facilitating business growth and expansion opportunities. With its modern amenities and strategic location, this warehouse unit in Paarden Eiland presents a compelling opportunity for businesses seeking quality industrial space.

Out of 478 stands in Paarden Eiland, only 20 were sold in 2023, indicating limited turnover in the property market. With 100 stands currently on the market to let, it suggests a high demand for leasing in this suburb despite the limited sales activity. The average sale value was R13.1 million, which suggests that rental rates in Paarden Eiland are likely to be at a premium. The cost per square meter was R8,211, indicating that rental rates will be priced at a premium in this suburb. The average stand size is 1,605 square meters, which caters to a variety of tenant requirements, allowing for a diverse range of leasing opportunities. Landlords and property owners can potentially command favorable leasing terms due to the high demand and limited availability of industrial spaces in the area. The implications for leasing in Paarden Eiland indicate a competitive market with limited availability, high demand, and premium rental rates. 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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