by In2assets  |   November 12, 2020

Commercial Investment Opportunities In KZN

In2assets will at a live auction, in compliance with Covid-19 regulations, combined with online bidding, offer three properties in Verulam, on November 18 at 11am at the Durban Country Club.

The properties are:
A large Industrial property at 26 Nyala Road, Canelands. The fully-serviced property has a level hardened and platformed yard area in excess of 22 000m2, with offices and a workshop/maintenance block. The property has three-phase power available of approximately 750 amps.
“Suitable uses for this property include logistics, wholesaling, storage and distribution/shipping facilities as well as construction related business,” says Luke Hearn who is handling the sale.
The property has 24-hour security, dual access and the perimeter has electric fencing.
A property at Terra Nera Industrial Park, off the M27 (Jabu Ngcobo Drive), in a good location close to amenities such as public transport, schools and entertainment, and shopping centres.
The property comprises a double-storey retail building, a double-storey office building with adjoining warehouse, two separate buildings with about 30 mini-workshops/garages, each with its own power supply, and various tenanted industrial yard areas.
“The property currently accommodates over 30 tenants generating a substantial amount of rental per month. Some tenants have been occupying the property for over 20 years. Tenants include a hardware warehouse, various motor mechanics, small engineering businesses, panel beater companies, an attorney and some retail to name a few,” says Virend Deonarain, who is handling the sale.
3 - 58 Aloe Drive is at the entrance road into the Waterloo Township, adjacent to the Terra Nera Industrial Park and the Cornubia and Southridge Industrial areas.
The 1 5614 hectare industrial property comprises a showroom, two warehouses and staff changerooms and ablution facilities. Both warehouses have good height with a lettable area of about 800m2 each.
“This property offers one the opportunity to re-develop it into a retail shopping centre or strip mall or to upgrade the existing improvements on site into a large logistics yard with supporting workshops, office etc,” says Deonarain.
For more information contact Luke Hearn | 071 351 8138 | 031 574 7600 | Virend Deonarain at 071 383 1735, 031 574 7600 or To register and attend the live auction, email Alternatively, bids can be submitted via the In2assets online bidding platform accessible from PC or by downloading the In2assets App from the Google Play Store or App Store. | Auctions Writer