Highlights
Overview
Situated on Lily van Niekerk Road in the established heavy industrial node of Boksburg East, this ±6,687m² rail-enabled industrial investment property offers a rare opportunity to acquire a specialised, income-generating asset priced at R29,000,000. The property is fully let to Lennings Rail, a long-standing tenant in occupation since 2015, with a secure lease in place until 31 August 2027, providing stable medium-term income and strong renewal prospects. Comprising multiple purpose-built industrial buildings, the site is equipped with direct railway siding access along the northern boundary, 1 × 15-ton and 1 × 20-ton gantry cranes, 400 Amps three-phase power, and internal heights of up to approximately 9 metres, making it ideally suited to heavy industrial operations. Additional features include a large hardstand yard, extensive parking, brick-and-steel construction with IBR roofing, and a secure, fully fenced site, underpinning the property’s defensive investment profile within a well-established industrial corridor.
Disclaimer: Rates and taxes are estimated and may vary
Details
Zoning
Industrial
Property sub-type
Warehouse
Price
R 29,000,000
Monthly rates
R 28,936.49
Levies
R 100.1
Size (GLA)
Floor size: 6,687m2