This property is perfect for investors and businesses looking for substantial industrial land with diverse usage possibilities in a prime Cape Town industrial zone.The large undeveloped area offers significant potential for further development or repurposing to suit various industrial needs.
Existing improvements are old and below average, with primary value lying in the large tract of unimproved industrial land. The subject property has an irregular shape,bordered by vibracrete wall and wire fences. There is a manually operated double-leaf vehicular entrance gate.
It is moderately visible and enjoys good exposure from the R102 Van Riebeeck Road Highway. The property features a relatively level slope in relation to Metal Road, with reasonable provision for stormwater
drainage.Zoning:General Industrial 1Coverage:75% (17,454 m²)Height Restriction:18m (Three Storeys)Bulk:34,908 m²Parking Requirements:1 bay per 100m² up to 1,500m² GRA, thereafter 1 bay per 200m² of GRA.9 covered parking bays available
The subject property can be described as an industrial factory with ancillary offices utilized for commercial purposes, measuring a combined total GBA of 1,660m². It has the capacity to accommodate more than one tenant.Office and Restroom Building:110m²Main Structure - Crushing Plant Warehouse:935m²Covered Store - Partially Enclosed:380m²Covered Parking, Store, and Compressor Room:235m²Total GBA:1,660m²
The office building offers fair grade office space, and the ablutions have been upgraded. The industrial buildings are used for heavy industrial use, with stone crushing as the main purpose, and as such, offer basic interior finishes. There is good lighting in the crusher area.
The exterior of the buildings is of dated appeal, but the buildings appear to be of sound construction.
Improvements:Primary Use:Industrial factory with ancillary offices and ample undeveloped landOffice and Canteen/Ablution Building:Total area: ±110m² GBAIncludes a front office, filing room, small kitchen, cloakroom area, change/locker room, and newly upgraded ablutionsMain Structure with Crushing Plant and Waste Plastic Sorting and Storage Warehouse:Total area: ±935m² GBATriple-volume building with steel portal frame, concrete floor, and steel sheet cladding beneath an asbestos roofEquipped with interconnected, movable machinery for processing, two 100-ton silos for finished product storage, and a warehouse for sorting and packaging waste plastic productsSemi-Enclosed Covered Store:Total area: ±380m² GBADouble-volume, under-cover storage space with limited brickwork on two sides, steel portal frame, and asbestos roofCovered Parking and Compressor Room:Total area: ±235m² GBAProvides covered parking for nine cars, an enclosed vibracrete storeroom, and a movable container housing a compressorConstruction Details:Structure:Factory buildings: steel portal frameOffices: brickwork wallsFloors:Offices: concrete/vinyl tiles and ceramic tiles in ablutionsFactory/Workshops: concrete/granoWalls:External Walls: brickwork and metal claddingInternal Walls: brick plastered and painted in offices, brickwork, and IBR cladding in factory buildingsRoof:Offices/Changerooms: double-pitched asbestos roofFactory buildings: double-pitched asbestos roofCeilings:Offices: plasterboard with fluorescent lightingFactory/Workshops: double volume with no ceilingWindows:steel framed
Overall, the improvements are dated and in average to below-average condition but well suited to their current use.
Permitted Primary Uses:Industry, restaurant, service station, motor repair garage, funeral parlour, scrapyard, authority use, utility service, crematorium, telecommunication station, transport use, multiple parking garage, agricultural industry, private road, open space, veterinary practice, and filming.
VAT excluded in Listing Price-
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