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Units 1-3, South Harbour Road 2 Industrial Properties Offered at $837,428 CAD in Aberdeen
Investment Highlights
- Large secure yard on ~2.97 acres site
- Good eaves heights and access loading doors
- Long Leasehold
- Excellent transport links to A956 and A90
- Two detached industrial units
- Low capital value of ~£14/sq ft
Executive Summary
The property comprises two detached industrial units located in a highly prominent position within Altens Industrial Estate, Aberdeen’s premier south-side industrial location. The asset presents a mixed investment opportunity, with Building 1 vacant and offering immediate occupier potential, while Building 2 is income-producing, generating £42,000 per annum on a full repairing and insuring lease until January 2027. The property is held on a long leasehold basis with structured rent review provisions, and the overall pricing reflects a low capital value, providing significant potential for asset management and rental growth.
Property Facts
| Price | $837,428 CAD | Number of Properties | 2 |
| Price / SF | $21.65 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9.33% | Total Building Size | 38,673 SF |
| Sale Type | Investment | Total Land Area | 2.20 AC |
| Status | Active |
| Price | $837,428 CAD |
| Price / SF | $21.65 CAD / SF |
| Cap Rate | 9.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 38,673 SF |
| Total Land Area | 2.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Greenham
Souter Head Rd, Aberdeen AB12 3LF |
Industrial | 31,160 SF | 1989 | - |
|
Pegasus Express
Souter Head Rd, Aberdeen AB12 3LF |
Industrial | 7,513 SF | 1988 | - |
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Units 1-3, South Harbour Road
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