R 100 | retail property to rent in paarden eiland

Main Road double unit that may be leased either together at 78m2 or separately as 48m2 or 30m2. The 48m2 unit faces directly onto the main road and lends well to retail usage while the 30m2 unit is better suited to office space. Situated 10 minutes from the CBC as well as excellent public transport access. Paarden Eiland is historically the oldest industrial node in Cape Town and is a highly sought after industrial location due to its almost direct access to Cape Town Harbour as well as being adjacent to the N1. The area is bordered by the N1 from Cape Town, Marine Drive from the Port of Cape Town to Milnerton, Koeberg Road from the M5 to Milnerton and the Zoar Vlei Wetland Reserve. Properties change hands at a premium and are seldom available for sale. Industrial, manufacturing and retail industries are very active, however the focus is mainly on the marine industry i.e. shipping, chandling, freight, containers, cargo, logistics, cold storage, distribution, marine equipment etc. Warehouse units accommodate a variety of enterprises from cold storage, logistics and ship chandling to panel beaters and mechanics. Usually the properties enjoy ample power. Most of the properties in the area are around 20 years old and bring in excellent rentals. Newer properties enjoy good height, container access and yard facilities and are able to achieve high end rental rates. The new My Citi IRT system runs through Paarden Eiland and the area is also serviced with a train station. Security in the area has also been improved due to the Paarden Eiland CID initiative.