Industrial Property for Sale in Ndabeni

Section 3, 16 Old Mill Road is a secure a property with a solid rental income from a well-established tenant, committed until February 2027 with a 5-year renewal option.

The tenant intends to renew the lease. The property offers a functional layout including offices, ablution facilities, and a spacious, recently renovated factory/production area designed for efficient workflow.

Existing 1000kva power supply plus additional capacity if required.

Legal Property Description: Unit 3, SS 16 Old Mill Road, Ndabeni, situated in the City of Cape Town Municipality, Western Cape. Fully described on Title Deed No:ST13182/2019

Total Extent Size: ± 3322m2

Property Rates: Payable by the tenant

Levies: Payable by the tenant

Zoning: Industrial

Monthly Rental: ± R265 000.00 ex VAT

Please Note: Lease agreement available upon request and viewing is by appointment only.

This property is being sold via an online auction in association Annenberg Property Group