In2assets will be auctioning an industrial park in Ladysmith on March 19 at 11am. The ±17 hectare property is at 19-25 Hyde Road, Egerton, just north of the Ladysmith CBD. Ladysmith’s industrial sector includes manufacturing, mining, agriculture, and other related industries.
The park is enclosed by Hyde Road, Philip Frame Road, Jasmin and Rapson Street and access could be attainable from each of the streets, if required, with necessary approvals and consents from the municipality.
The N11 highway, which provides access to Newcastle in the north and Bergville in the south, is approximately 2km away. All necessary amenities can be found in the Ladysmith CBD.
The property is positioned opposite the KwaZulu Natal Department of Transport and within walking distance of the Transnet Railway/Danskraal Station Depot.
Formerly the Frame Textile Company, the property presents the market with a rare opportunity, with more than 17 hectares of industrial land, comprising industrial warehouses, factories, mini-factories, workshops, yard areas and offices.
With over 11 000 KVA of power supply, this industrial park caters for 24-hour storage, manufacturing, distribution and service-related businesses within a secure enclosed environment.
The park features concreted roads, utilities (electricity, water, sewage, etc.), and communication networks to support the industrial operations.
The warehouses and factories are either single, double and triple volume internally and have heights of up to ±11 metres, providing for super link access.
Offices, ablution facilities, staff rooms and storerooms are positioned at the boundaries of the majority of the warehouses and factories.
The multi-level industrial buildings are occupied by service-related tenants on the upper floors, and a well-maintained and modern gym.
At the south-eastern corner of the property, there are various mini-factories and workshops, each with its own access and designated yard areas. The property also has approximately ±10 000m² of flat vacant land on either side of the entrance of the park, and has a tennis court and indoor cricket pitch. There are also freestanding buildings being used for retail purposes, including a supermarket, bakery and restaurant.
Viewing is by appointment only. For more information, please contact Virend Deonarain on 071 383 1735 or 031 574 7600 or email vdeonarain@in2assets.com.
The auctions will take place at The Mount Edgecombe Country Club.
