PROPERTY: Atlantis Industrials On The Market
Recent Western Cape Business News
A factory comprising just under 11 000sqm and an adjacent vacant erf of just over 2.5 hectares located in Atlantis Industrial, north of Cape Town, is currently on the market through Pam Golding Commercial (PGC). Atlantis Industrial, which is 40km from Cape Town city centre, is accessed either via the R27 from Cape Town/Blouberg or off the N7 which runs north from the Century City area.
Comments Selwyn Sharon, leasing, sales and investment consultant for PGC: "Priced at R20 million, this industrial property includes 6915sqm of factory space, 2230sqm of warehousing and 1826sqm of additional buildings incorporating plant, boiler and water treatment rooms. There is staff parking for over 50 cars and visitors' parking for 20 vehicles. The adjacent erf of over 2.5 hectares – which adjoins the factory on two sides and has industrial development potential - is vacant and can be purchased for an additional R2 million.
"These properties could be used for any type of production, from light to heavy industrial, or for storage. By combining the two properties the purchaser could effectively double the size of the factory, conversely the adjacent erf could be utilised for container storage.
"This is currently used as a clothing factory, so it includes a full industrial laundry, steam generation through large, on site boilers, a water purification plant for water treatment and access for loading trucks via huge roller shutter doors. It includes a reception area with offices and training rooms. The buildings and plant are well maintained and currently used for clothing manufacturing and the dyeing of material. There is also 2400 amp three phase power supplied by Eskom. The property is fully alarmed with 24-hour manned security," says Sharon.
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