
Summary
- One of ten properties as part of the Metrofile Portfolio Disposal
- Minimised concentration risk due to disposal across South Africa
- The subject property consists of 4 warehouse buildings with attached offices with a GLA of 7,055m²
- Superior tenant covenant
- Industrial strong class asset
- Best in-class industrial asset
Location
Situation
The subject property is situated in Heriotdale, an established industrial district, located roughly 7 kilometers to the east of downtown Johannesburg, positioned at the southwest corner of the junction where the N3 and M2 highways meet.
Accessible via Cleveland Road, which connects to the M2, Heriotdale is surrounded by similar industrial suburbs such as Cleveland and Denver to the north, and Rosherville to the south.
In terms of amenities and facilities, Heriotdale boasts a range of offerings including shops, emergency services, schools, banks, medical facilities, places of worship, as well as parks and sports facilities, all conveniently situated within close proximity to the area.
Description
The properties provide a comprehensive solution for commercial needs. Additionally, the properties feature convenient shade net parking, steel-framed structures covered with shade netting, ensuring protection for vehicles from the elements.
Access to the properties is facilitated by a well-maintained brick-paved access road, enhancing both functionality and aesthetic appeal. Moreover, security measures are in place with a perimeter security fence surrounding the property, ensuring safety and peace of mind for occupants and assets.
The property boasts a robust fire protection system, where a dedicated fire sprinkler system is supplied with water from a pump housed within a sturdy brick-built structure
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