POA | industrial property to rent in blackheath industrial

6,000 sq-m VACANT LAND WITH 1,600 kVA ELECTRICITY AVAILABLE FOR DEVELOPMENT The Landlord is interested to develop this 6,000 sq-m of vacant land with 1,600 kVA of electricity supply located at 7 Spin Street, Sacks Circle, Bellville South Industrial to tenant specifications. Sacks Circle Industrial is a popular business node due to its proximity to the R300/N2/N1/Airport, good public transport for workers and surrounding residential areas with skilled workers. JSE listed property companies such as Growthpoint and Spear are invested in the area. The biggest attraction to 7 Spin Street is the availability of 1,600 kVA of electricity supply which if it can be supplied will cost around R 2 m plus the deposit. The entire site is about 17,000 sq-m of which 11,000 sq-m is occupied by one tenant. The Landlord envisages a secured Business Park with central gated entrance, perimeter wall, electric fence and armed response. Ideally one or two tenants who require large electricity supply will occupy the newly developed buildings on the vacant 6,000 sq-m. Budget rentals excluding VAT are R 60 / sq-m for warehouses and R 15 / sq-m for yard space and will depend on tenant requirements.