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R2,500,000

1 Hancock Street

Warehouse for sale in North End

1 HANCOCK STREET | NORTH END | VERSATILE INDUSTRIAL PREMISES

This well-positioned 626 sqm industrial property on Hancock Street in North End presents an excellent opportunity for investors or owner-occupiers seeking a functional and high-exposure premises. Situated on a corner stand with two access points, the property offers multiple roller shutter doors for easy loading and unloading, making it ideal for logistics, warehousing, or light manufacturing operations.

The warehouse is well-lit and features a paved yard, enhancing accessibility and vehicle movement. Inside, the premises include a reception area, three private offices, a boardroom, kitchen, and ablution facilities, all designed to support smooth business operations. The offices are air-conditioned for year-round comfort, and the property is secured with an alarm system for added peace of mind.

With its great street exposure, this property offers excellent branding potential and visibility to passing traffic—an added advantage for businesses looking to establish a strong local presence. Additionally, the current tenant is willing to remain, offering the option of immediate rental income for investors.

Located in the bustling industrial and commercial node of North End, this property benefits from its proximity to the Port Elizabeth CBD, harbor, and major arterial routes including the N2 and M4. The area is well-established, with a mix of industrial, retail, and service-based businesses, making it a sought-after location for a wide range of enterprises.

Tenants and business owners alike will appreciate the convenience of nearby amenities, public transport access, and the strong business community that defines North End. Whether you're looking to expand your operations or invest in a high-demand area, this property offers both versatility and value.

Features

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0
Zoning:
Industrial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
626m²

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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

34,084.67

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