OCTOBER AUCTION | Warehouse | Auction
The asset is improved with a large, single-storey industrial facility previously used as a tyre store and fitment centre. The main warehouse is a 1 972m² steel-framed structure with facebrick and IBR sheeting walls, an eaves height of approximately 4.5m, a concrete floor, a warehouse canopy & platform of 92m², and a fitting area canopy of 82m².
It is equipped with roller shutter doors, high-bay lighting, and a fire sprinkler system (untested). The warehouse is internally divided and features several internal and external offices and ablution facilities totalling 455m², which are finished with plastered walls, suspended ceilings, and fluorescent lighting. The property includes significant yard space comprising 600m² of concrete hard standing and 1,100m² of unpaved yard, all secured by a perimeter fence of palisade, Clearvu, and brick wall.
This industrial property is a strategic value-add opportunity. Its prime location offers direct N3 highway access in a high-demand logistics node. The properties current vacant state allows an investor to modernize the asset, secure a tenant at market rates, and realize significant capital appreciation, making it ideal for hands-on investors seeking strong returns