Wanted: buyer for a warehouse

    Wanted: buyer for a warehouse

    Nexus Property Group (NPG) is taking to market a warehouse and distribution centre in Middelburg, Mpumalanga.

    It was previously home to the well-known Builder’s Market, which has relocated to a smaller venue.

    The site in Walter Sisulu Street extends over 31 397 square metres and includes a gross leasable area of roughly 12 973 square metres, which encompasses a primary building (9 273 square metres), an ancillary wood store (1 820 square metres), a rear warehouse (1 720 square metres) and an outbuilding (160 square metres).

    The property is zoned for Business 1 and is being sold with vacant occupation.

    There may be a cost involved in getting a new tenant, but this has been taken into account in price expectations.

    Co-director of NPG, Greg Nafte, said that a listed property fund has identified the property as non-core and an instruction for sale has been set.

    The highest offer will be considered. The deadline for offer submission is March 2.

    To record your interest, contact Nafte on 083 414 4474 or e-mail gnafte@nexusproperty.co.za.

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