The opportunity is located in Gateway Industrial Park, located just off the busy R101 Old Johannesburg Road and connects easily to the N1 Highway and the N14. It is also close to the Centurion Lifestyle Centre, which houses many shops, restaurants and takeaway facilities. A Retail Centre called Gateway Corner in located at the entrance of the park.
The Centurion Gautrain is within 6km of the Industrial Park, making it easy for commuters in the surrounding areas.
The property consists of two national tenants both on five year leases (expiring in 2021)
- GLA of 2,815m2
- Lease expiry in 2021 for both tenants
- Tenant escalation rate of 8%
- Net Annual Income of R2,122,230
- Asking Price of R20,000,000