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Salt River Industrial space going

Posted On Tuesday, 21 June 2011 02:00 Published by eProp Commercial Property News
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A prime, light industrial sectional title unit, situated within the established commercial node of Salt River, is set to fall under the Auction Alliance hammer during its commercial Multiple Auction to be held on June 28.

Property-Housing-ResidentialThe property will be sold on the basis of vacant occupation.
The property is situated in Spencer Road, just off Albert Road in Salt River. Albert Road is a main arterial linking Liesbeeck Parkway and the N2 with Woodstock and the CBD. Salt River is dominated by commercial ribbons extending along both Albert and Victoria Roads.
The property extends over a GLA of 492 m² and is situated within Spencer Square, a secure complex offering primarily industrial accommodation.

The subject section consists of first floor warehouse accommodation and comprises predominately of open-plan warehouse accommodation split into 2 portions.  The larger portion includes 2 offices as well as his and hers ablution facilities
The other factory portion features an open-plan warehouse area with exposed timber trusses and large steel-framed windows providing excellent natural light.

The area includes ablution facilities, an office component with a basic workshop manager’s area as well as a larger, well-appointed office area. This office is entirely separate and includes a viewing section into the factory space.
Comments Andrew Cohen of Auction Alliance, “This prime property offers potential owner/occupiers with an excellent investment opportunity, as a result of the growing demand for industrial space in areas situated on the outskirts of the CBD”.
The auction takes place at 12pm at the Crystal Towers Hotel&Spa, Century City.

Last modified on Wednesday, 11 June 2014 14:30

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