Accepting Offers.
DESCRIPTION:
Situated in the popular and sought-after Somerset West business hub. We all know that storage is considered the number 1 sought-after property at the moment, and there is a shortage. We bring you the opportunity to own your own units and be part of a rental pool. Fully managed for you by an established management agent, and the benefits are endless.
BLOCK:
• Established managing agent
• State-of-the-art security
• Premium infrastructure with automation
• Secure
• Prime location
SMART TECHNOLOGY:
• Fully automated online booking
• Digital contracts, payments, and instant access
• AI-assisted customer support
• Digital inventory features
• Mobile app control for access, account management, and notifications
SECURITY:
• Biometric gate access
• AI-monitored CCTV systems
• Perimeter security with intrusion detection
• Door-open detection
• Solar-backed security infrastructure
CONVENIENCE:
• Dedicated loading bays
• Wash bays with prepaid water
• Free Wi-Fi
• Car park sensors indicating available parking
• Online auction platform for defaulting units
• A complete “one-stop” storage experience
STORAGE UNITS:
• Sized from 5m² – 23.4m²
• Priced from ±R139 500.00 – ±R322 500.00 incl Vat
INVESTMENT OPPORTUNITY:
• Nett yield – 11%
• Low operating costs
• Centralized rental management
• Tax benefit – section 13 quin
• Affordable entry level
PHASE 1: (Now Selling)
• Approximately 600 storage units
• Office component operated by IWG (Spaces, HQ, Regus) - with 50 years of global experience
• Automated, secure, and technology-driven facility
• Biometric access and dedicated loading areas
PHASE 2:
Specialised premium storage, including:
• Humidity-controlled wine storage
• Vintage car storage
• High-security vaults for documents and valuables. Additional specialised unit types
DETAILS:
• Erf size: 5607m² & 5597m²
• Zoning: General Business 1
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.
Property Address
Somerset West Mall Triangle, Somerset West, Western Cape