Exceptional Industrial Investment Opportunity – Seven Stands with 23 Rental Storage Facilities
Sole and exclusive mandate!!!
An outstanding investment opportunity offering excellent income-generating potential! This substantial industrial property comprises seven stands, accommodating an impressive 23 individual storage facilities, all purpose-built to be rented out.
Each storage unit features its own separate entrance door, providing convenient, independent access for tenants and allowing for flexible rental arrangements. The layout offers the opportunity to accommodate multiple tenants, creating the potential for diversified rental income from a single investment.
Ideally suited to investors seeking to expand their property portfolio, this versatile industrial development offers multiple rental opportunities and the potential for a sustainable income stream.
A rare opportunity to acquire a well-established storage facility investment with 23 individual rental spaces across seven stands.
An investment with space, flexibility and excellent income-generating possibilities!
*Bachelor flat on premises rented for R2500
*The interior finishes are generally basic and functional, consistent with the property's primary use as storage and workshop
accommodation.
* Typical finishes include concrete flooring and Rhino board ceilings, with standard wall finishes and basic service
installations.
The finishes are considered adequate for the intended use of the premises and are practical and relatively low-maintenance. *They are not of a high-end or modern office standard, but are appropriate for storage, workshop and general business purposes.
*Overall, the interior improvements are functional and commensurate with the nature and quality of the property.
*The exteriors comprise average to low maintenance construction/materials with plastered walls.
* No visible structural defects were notedon the day of our inspection, and external finishes are considered in well maintained condition.
*Please take note that we have not undertaken any structural survey of the buildings, roof structures and improvements. The condition is
noted on face value only and the Valuer does not take any responsibility for any defects on the buildings. In addition, we have not inspected wood work or other parts of the structure which are covered or unexposed or inaccessible and we are therefore unable to report that such parts of the property are free of rot, beetle or other defects.
Macro locality
*Sundry improvements: devilsfork fencing, walling, etc.
*Upington is an established regional commercial, administrative and service centre situated in the Northern Cape along the banks of the Orange River. The town forms an important economic hub for the wider Green Kalahari and Lower Orange River region and serves a substantial surrounding rural and agricultural hinterland. The town's economy is strongly influenced by agriculture, particularly intensive irrigation farming along the Orange River. The fertile riverine areas support the production of table grapes, wine grapes, raisins and other high-value crops, with the availability of reliable irrigation water providing a significant competitive advantage in an otherwise arid environment. Upington has developed a diverse commercial and service infrastructure to support both the local population and the surrounding agricultural sector. The town provides a range of retail, professional, financial, medical, educational, hospitality, transport and agricultural-related services, reinforcing its role as the principal service centre for the surrounding region.
*Access to the property is available from both Morant Street and Creamery Street, providing convenient dual-street accessibility and contributing positively to the functionality of the premises. The location is considered suitable for businesses requiring reasonable accessibility for clients, staff, deliveries and storage-related activities.
Although the property is not situated within the prime core of the CBD, its decentralised position and proximity to both the CBD and industrial area provide a favourable commercial setting, particularly for self-storage, offices, service businesses and other uses that do not rely heavily on prime retail exposure.
Overall, the locality is considered a decent secondary business node, with good accessibility and a functional position between the CBD and industrial areas of Upington.
An outstanding investment opportunity offering excellent income-generating potential! This substantial industrial property comprises seven stands, accommodating an impressive 23 individual storage facilities, all purpose-built to be rented out.
Each storage unit features its own separate entrance door, providing convenient, independent access for tenants and allowing for flexible rental arrangements. The layout offers the opportunity to accommodate multiple tenants, creating the potential for diversified rental income from a single investment.
Ideally suited to investors seeking to expand their property portfolio, this versatile industrial development offers multiple rental opportunities and the potential for a sustainable income stream.
A rare opportunity to acquire a well-established storage facility investment with 23 individual rental spaces across seven stands.
An investment with space, flexibility and excellent income-generating possibilities!
*Bachelor flat on premises rented for R2500
*The interior finishes are generally basic and functional, consistent with the property's primary use as storage and workshop
accommodation.
* Typical finishes include concrete flooring and Rhino board ceilings, with standard wall finishes and basic service
installations.
The finishes are considered adequate for the intended use of the premises and are practical and relatively low-maintenance. *They are not of a high-end or modern office standard, but are appropriate for storage, workshop and general business purposes.
*Overall, the interior improvements are functional and commensurate with the nature and quality of the property.
*The exteriors comprise average to low maintenance construction/materials with plastered walls.
* No visible structural defects were notedon the day of our inspection, and external finishes are considered in well maintained condition.
*Please take note that we have not undertaken any structural survey of the buildings, roof structures and improvements. The condition is
noted on face value only and the Valuer does not take any responsibility for any defects on the buildings. In addition, we have not inspected wood work or other parts of the structure which are covered or unexposed or inaccessible and we are therefore unable to report that such parts of the property are free of rot, beetle or other defects.
Macro locality
*Sundry improvements: devilsfork fencing, walling, etc.
*Upington is an established regional commercial, administrative and service centre situated in the Northern Cape along the banks of the Orange River. The town forms an important economic hub for the wider Green Kalahari and Lower Orange River region and serves a substantial surrounding rural and agricultural hinterland. The town's economy is strongly influenced by agriculture, particularly intensive irrigation farming along the Orange River. The fertile riverine areas support the production of table grapes, wine grapes, raisins and other high-value crops, with the availability of reliable irrigation water providing a significant competitive advantage in an otherwise arid environment. Upington has developed a diverse commercial and service infrastructure to support both the local population and the surrounding agricultural sector. The town provides a range of retail, professional, financial, medical, educational, hospitality, transport and agricultural-related services, reinforcing its role as the principal service centre for the surrounding region.
*Access to the property is available from both Morant Street and Creamery Street, providing convenient dual-street accessibility and contributing positively to the functionality of the premises. The location is considered suitable for businesses requiring reasonable accessibility for clients, staff, deliveries and storage-related activities.
Although the property is not situated within the prime core of the CBD, its decentralised position and proximity to both the CBD and industrial area provide a favourable commercial setting, particularly for self-storage, offices, service businesses and other uses that do not rely heavily on prime retail exposure.
Overall, the locality is considered a decent secondary business node, with good accessibility and a functional position between the CBD and industrial areas of Upington.
Monthly Rates
R52,700
Features
Zoning
Sizes
Listing Info
Upington Central, Upington
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.