Presenting a 819m2 warehouse unit in Paarden Eiland, available from July 1st at an  rate of R80/m2. Boasting good visibility from Paarden Eiland Road, this unit offers optimal exposure for businesses seeking space in this bustling industrial area. The unit features two offices, a boardroom, a dozen parking spaces, and two roller doors, facilitating smooth loading and unloading operations. Internally, the warehouse is divided into two sections, each accessible via its own roller door. Completing the package are kitchen and bathroom facilities.

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.

Strategically located in Paarden Eiland, this warehouse unit offers easy access to major transportation routes such as the N1 and N2 highways, ensuring seamless connectivity for logistics and distribution operations. Paarden Eiland's central location within the Cape Town metropolitan area provides proximity to key business districts and commercial centres, facilitating business growth and expansion opportunities. 

Price excluding VAT.

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