Erven 286 and 287 Village Deep
Total GLA: 4,556m
Use Zone: Industrial 2, Industrial, business & commercial purposes
The property comprises an older multi-storey workshop, store and office building located to the south of the Johannesburg CBD.
The property is currently multi-tenanted and per information received from the owners, the current tenants occupy various sections of the site:
Tenant Area Start Expire Rental Rate/m
No Doubt Importers 2,418m 1/3/2015 28/2/2022 R79,790 R33.00
Innovation Food Services 124m Monthly R3,575 R28.83
Peters Transport 602m Monthly R8,500 R14.12
Peters Storage 481m Monthly R9,000 R18.71
Roastery 234m Monthly R3,575 R15.28
Average through rental R27.06/m
The main building comprises a multi-storey structure that is built over basement, ground, first, second and third floors. There is further a triple volume extension to the rear of the building.
In addition to the above areas, there is a vacant store / workshop area to the rear of the first floor and this area measures 392m. Given the location of this area within the building, it would prove difficult to let on the open market.
Internal accommodation comprises basement stores (with goods lift access), ground floor lift lobby, office, store/ workshop and rear triple volume workshop, first floor lift lobby, workshop and stores, second floor stores/ workshop and third floor good quality offices and showroom.