POA | Industrial Property for Sale in Arcadia

AUCTION: Multi-Storey Light Industrial Complex, Arcadia — 4 Units + Flat + Two Full Upper Floors

Erf 16091, 12 Brill Street (cnr Tilney Street), Arcadia, East London

A versatile, upgraded commercial block in one of East London's established light-industrial nodes — going to auction with a realistic opening bid of R3.8 million, against a certified replacement value of R9.2 million.

The numbers that matter:

Replacement value R9.2 million
R427,578 invested in a full building upgrade: new lower roof and gutters, industrial security roller shutter doors, complete interior/exterior repaint, electrical and plumbing work
Transfers with a municipal account currently in credit by approximately R100,000 — a real head start on rates and services for the new owner
Achievable warehousing rental in the area currently runs R45–R65/m2 — on 815m2 that's a gross potential in the region of R37,000 to R53,000/month (indicative only)
Business Zone 3 - commercial erf

The layout:

Ground floor — four self-contained units (102.2m2, 92.6m2, 111m2 and a fourth unit with 55.4m2 enclosed yard plus the mezzanine floor), each with new roller shutter access, 3-phase power, and dedicated ablutions
Mezzanine — 31.6m2 of extra office or storage space
First floor — 110.7m2 open-plan level with its own staff rooms and ablutions, independent stairwell and entrance
Second floor — matching open-plan level with its own ablutions and independent stairwell.
Self-contained 2 bedroom, 2 bathroom flat/staff quarters — with private toilets and showers
16 toilets, 12 basins, 3 showers, 1 urinal and 1 sink across the ±815m2 building — a huge head start for any high-occupancy use (offices, training, student res), where ablution compliance is usually the biggest cost hurdle

Why this works for so many buyers:

Owner-occupiers — run your business from one unit, lease the rest to offset your bond
Investors — four separately lettable industrial units downstairs, two large independent floors upstairs with their own access, all under one roof
Converters — the upper floors' clear-span layout, existing ablutions and separate entrances make them well suited to offices, training facilities, or student residential conversion
Zero-CapEx entry and upgraded infrastructure. Register now — this one is priced to move.

Contact Marcel or Kurt @ Thompson Prop Auctioneers for the full info pack.