PAARL
PAARL
PROPERTY SUMMARY
PAARL (URBAN GROWTH PARK)
TOTAL SIZE (SQM): 27 380
TOTAL TENANTS: 15
ANCHOR TENANTS:
LEBONE PAARL LABELS
DRAKENSTEIN MUNICIPALITY
FARBERS
ULTRA LIQUORS
LEASE TERM REMAINING: 5 YEARS
TYPE LEASE: TRIPLE NET LEASES
MONTHLY RENTAL: R1500 000
OTHER: 650 KW SOLAR PLANT WITH
2 000 KVA GENERATOR
VALUATION (8 MARCH 2021): R200 000 000
Example 1
The subject property comprises one sizeable industrial-zoned property and two residential plots north of the industrial site. The various building components are in pristine, well-maintained condition, with multiple sections having been upgraded by either the owner or tenants. Most recently, they have installed a 650 KW Solar plant to supply continuous power to the tenants.
SITE LOCATION
Lebone Paarl Labels produces pressure-sensitive labels through modern UV flexo and digital self-adhesive printing for wine, spirits, beverages, food, pharmaceutical, healthcare, beauty, craft gin, craft beer, household, and petrochemical products.
Drakenstein Municipality is a local municipality located within the Cape Winelands District Municipality in the Western Cape province of South Africa. As of 2011, it had a population of 251,262
