by In2assets  |   October 7, 2020

Greenbushes/Little Chelsea Industrial Development

Leading Auction company, In2assets has been mandated to auction a unique industrial development opportunity in the Greenbushes / Little Chelsea area. The property will go under the hammer on our Online Digital Bidding platform on 28 October 2020 @ 11h00.

The property is unique in that it is positioned alongside the National N2 Highway and more importantly adjacent to the off-ramp creating great accessibility to the property, especially for transport intensive industries.
This property is only one of a few properties in the area that have already received council “special consent” to carry out industrial zoning on a portion of the existing site. This makes the property very attractive from the onset, while still being in a position to take advantage of the long term future benefits of the area.
The property is made up of various improvements such as horse stables, large workshop, 3 single bedroom flats which are currently rented out and of course a large family home. The property further boasts a borehole and 3 phase electricity and perimeter fence and access controlled entrance.
The opportunities are endless with this site due to the current zoning in place and the ideal location.
The immediate surrounding properties have already been earmarked for a new industrial area and with Port Elizabeth being an industrial town, this area will no doubt be very attractive.
Online bids can be submitted via the In2assets online bidding platform, both accessible from a PC or by downloading the In2assets App from the Google Play Store or App Store.
For more details on this Live Studio Auction and to view the property, contact Brad Dowlman on 073 757 9533 or email [email protected]