Industrial Property to Rent in Randjespark

The warehouse and office space located in Randjespark, Midrand, presents a significant opportunity for businesses seeking a substantial area for operations.

The property offers a total Gross Lettable Area (GLA) of 12,844 sqm, which includes 1,957 sqm dedicated to office space and a vast warehouse space of 10,887 sqm.

The net monthly rental is set at R867,000.00 excluding VAT, calculated at R67.50 per square meter, with a lease period ranging from 5 to 10 years.

Prospective tenants can expect the occupation date to be flexible, with the current expectation for reinstatement completion by the first quarter of 2025.

The site boasts 172 covered parking bays and a robust power supply of 800 Amps 3phase, alongside a 640KVA generator for the warehouse and a 300KVA generator for the office block.

It's important to note that the net monthly rental does not include Pylon Signage rental and no signage is permitted on the property at this stage. Access to the site is by appointment only.

The tenant will undertake extensive reinstatement work to ensure the warehouse meets the broad market standards.

This work includes the removal of mechanical equipment, floor repairs, ramp removal, yard cleaning, repainting, and compliance checks for electrical, plumbing, and fire safety systems, as well as servicing all mechanical equipment. The expected occupation date post-reinstatement is February 2026.

Interested parties are encouraged to book a viewing promptly to secure this space.