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Description

Introducing Unit 13, a prime light industrial space within Apollo Park, centrally located in Montague Gardens on Marconi Road. This unit boasts a total Gross Lettable Area (GLA) of 440m2, with 397m2 on the ground floor and an additional 43m2 on the mezzanine level. Available with one calendar month's notice, this unit offers excellent value at R75 per m2. Positioned as the best-located unit within the park, it enjoys a coveted corner location facing Marconi Road, with an extended common area in front of the unit. The space is equipped with a 60 amp, three-phase power supply, making it suitable for a variety of industrial activities.

Situated in Montague Gardens, this unit offers numerous advantages for businesses, including easy access to major transport routes such as the N1 and N7 highways, facilitating efficient logistics and distribution. Additionally, Montague Gardens is renowned for its thriving industrial community, providing opportunities for collaboration and networking. With its strategic location and well-equipped facilities, Unit 13 in Apollo Park presents an ideal solution for businesses seeking a prime industrial space in the Montague Gardens area.

Montagu Gardens accounted for 28 out of 449 units sold in the total industrial property market in 2023. This indicates that Montagu Gardens has a significant presence in the industrial real estate market. Montagu Gardens contributed substantially to the total value of industrial properties sold in 2023, with a value of ZAR 501 million. Montagu Gardens sold 101,159 square meters in extent out of the sold total market extent of 862,906 square meters. This indicates that Montagu Gardens offers a considerable amount of industrial real estate options within the market, making it a significant player in terms of available space. 717 stands are located in the suburb.

The average property value in Montagu Gardens is ZAR 17.9 million, twice higher than the overall industrial property market average. This suggests that properties in Montagu Gardens may command premium prices due to factors such as location, infrastructure, or demand-supply dynamics specific to the area.  Understanding the dynamics of the industrial property market in Montagu Gardens is crucial for making informed investment decisions. Factors such as vacancy rates, rental yields, demand drivers, and development projects in the pipeline can influence the attractiveness of the area for investors.

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Details

Updated on March 20, 2024 at 1:37 pm

  • Reference #: 1359149
  • Price: R75 per ㎡
  • Suburb / Town: Milnerton
  • Property Type: Industrial Property
  • Available From: March 5, 2024
  • Building Size: 440.0 ㎡

Additional Features

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

    Address

    18 Marconi Road