R23,000,000
Investment property for sale in Linbro park
A-grade industrial property available to rent, boasting prime highway exposure and excellent infrastructure. This free-standing facility is situated within a secure business park with 24-hour security and controlled access. With a total GLA of 2,187m² on a 4,828m² erf, the site offers a large, paved yard ideal for truck access and turning. The warehouse features great internal height, natural lighting, and 150 amps of 3-phase power, with a large roller shutter door for efficient loading. The property also offers strong investment appeal with a lease in place from 1 December 2024 to 30 November 2028, generating a monthly rental income of R207,224.
The office space is exceptionally neat and modern, offering a professional environment for administrative operations. There are 18 under-cover parking bays and well-appointed ablution facilities for both office and warehouse staff. Operating costs include monthly rates of R16,623, levies of R4,601, and insurance (TBC). With a gross yield of 10.81% and a net yield of 9.7%, this property presents both a strong return on investment and an ideal operational base for logistics or light manufacturing.
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Linbro Park, Sandton
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