Warehouse Complex:
The property has been improved with a large steel framed complex of, interleading warehouses with IBR wall cladding and steel framed glazing, under an IBR roofing structure with industrial type steel roller doors at the back and front of the building giving driveway access into the warehouse. Situated, internally at the front right of the warehouse are staff toiles and canteen area. Situated at the front left of the warehouse complex is a boiler room with interleading pedestrian door leading into the main warehouse complex.
Office Building:
Situated to the immediate left of the entrance and egress main gate is a free-standing single storey office building of face brick walling fitted with steel framed glazing under a pitched IBR roofing structure comprising a reception, five (5) private offices, executive office with own private bathroom fitted with a shower, a boardroom, storeroom, staff kitchen and toilets.
Staff Accommodation:
Located on the side of the office building adjacent to the back Northern perimeter of the property is a similar single storey building of face brick walling fitted with steel framed glazing under a pitched IBR roofing structure comprising sixteen (16) bedrooms, shared bathroom, a communal lounge and kitchen.
Other Improvements:
Situated on either side of the warehouse, is a free-standing steel framed IBR clad and roofed general storeroom, an IBR roofed and walled hazardous material store and a brick walled sunken storage area under a steel farmed IBR roofing structure and a steel framed under IBR roof sheeting storage area located at the front of the staff residence building.
ESTIMATED EXTENT OF IMPROVEMENTS:
Main Office Building: 312 m²
Staff Accommodation: 345 m²
Warehouse Complex: 10 574m²
General Storeroom: 68 m²
Hazardous Material Store: 12 m²
Sunken Storage Area 102 m²
Covered Storage Area: 84 m²
Main Gate Security Office: 8 m²
Total: 11 505 m²
ESTIMATED GROSS LETTABLE AREA (GLA):
11 344 m²
The subject property is situated in the Maluti-A-Phofung Special Economic Zone Industrial Park, an initiative of the Freestate Provincial Government with the aim of establishing manufacture opportunities and creating a regional and international trade environment with added value chain and prosperous trade city within a functional trade ecosystem.
While the park is designed with 125 opportunities for small, medium and large companies to establish themselves in the industrial park, the park has seen lower than anticipated development with currently only around 38 of the properties improved with industrial buildings and no evidence of any current or future development.
Access to the industrial park is from service road leading from the N5 to the Tshiame Township via the entrance and egress main gate with security office. The park is bound by diamond mesh fencing topped with razor wire with internal road macadamized with cement side curbings.
The subject property is located towards the middle of the park at Number 118 Kolisang Street.