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  • Mandate: 37399
  • Added: 09 Jun 2025
  • AFS
  • 213

Commercial property Randfontein

Gauteng, Johannesburg
213
Mandate 37399
Added 09 Jun 2025
R 5,000,000* ZAR
Stock: R 0
Assets: R 0
R 38,399 ZAR
Joe De Gouveia
Aldes Album
Gauteng, Roodepoort
Gauteng, Roodepoort
Summary

Industrial property consists of : - two large stands making one large property approximately 7000 sqm - One large main factory - Four medium size factories - several mini factories - Thirteen storage units - Rental income of 72 000 on several of the smaller factories should you wish to keep tenants -On site accommodation , two bedroom apartment with kitchen and bathroom -Parking for trucks -Bonus feature of a 100 meter single shooting range This property is very well maintained and is move in ready

SELLING PRICE AFS
R 5,000,000* ZAR
Stock: R0
Assets: R0
R 38,399 ZAR
Summary

Industrial property consists of : - two large stands making one large property approximately 7000 sqm - One large main factory - Four medium size factories - several mini factories - Thirteen storage units - Rental income of 72 000 on several of the smaller factories should you wish to keep tenants -On site accommodation , two bedroom apartment with kitchen and bathroom -Parking for trucks -Bonus feature of a 100 meter single shooting range This property is very well maintained and is move in ready

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How long has the business been established?
Business was established in 2007, was active as a general trading company and in 2018 the property was purchased and the main income for the company was rental.

How long has the owner had the business?
Since Establishment 2007

Fully describe this property and its income earning activities.
5 Work shops with office and reception space ( 120sqm )
3 Work shops with kitchen ( 390sqm )
1 Work shop with flatlet and neat office space ( 480 sqm )

12 Self Storage Units ( 18sqm ) each
The property is well maintained which makes endless opportunity great. Lots of space for trucks if needed and ample parking and covered parking.
The property has backup water, cameras and solar power to the main offices.
Easy access to all main roads .
Two properties measuring 3447 sqm & 3387 sqm.
Shooting range - 150m
JOJO Filtered water
4 Garages
6 Carports

What is the zoning of the property and what can be developed thereon?
Industrial

Are there building plans available?
Yes

What is the erf size and the size of the buildings?
Portion 1 Erf 3447sqm
Portion 2 Erf 3387sqm
Building Size;

Is a property valuation available?
Yes

How does the business operate on a daily basis?
The buildings are easily run with little overheads and the owner handles all administration.

How are the clients attracted to the business?
Good central location and close to all main roads.

What Advertising/Marketing is carried out?
Little to none

Is the property being let by a letting agency?
No, Letting done direct with owner.

Is a copy of all the lease agreements on the property available?
Yes

Is the business VAT Registered?
Yes

Are there up-to-date Management Accounts available?
Yes

How could the profitability of the business be improved?
Build more mini factories which are in high demand

How could the income of the property be increased?
Build more Mini factories which are in demand

What is the monthly rates and taxes payable to local authority?
R 3800 +-

Do you require a licence?
No

What are the main assets of the business?
Buildings and property

Strengths?
Strategic Location, close proximity to main roads and logistic networks

Weaknesses?
Tenant risk of default or vacancy.

Opportunities?
This Industrial property presents a compelling investment opportunity, offering a strategic location, high demand and potential for long-term appreciation. We believe that this investment has the potential to generate strong returns and provide a stable income stream.

Threats?
None identified

What is the reason for the sale?
Owner has other business interests.

Why is this a good business?
Exceptional Industrial Property Investment Opportunity

Why is this property a good investment?
The location offers a unique blend of accessibility, space, and potential for growth. This property is perfectly positioned to capitalize on the growing demand for industrial space in the area.

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AGENCY DETAILS

Aldes Album

3 members
21 mandates
Gauteng , Roodepoort
Adamson Crescent, Weltevredenpark, 1709
Roodepoort

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