Light Industrial Property

AUCT-000457 | SOLD

30 Aloefield Crescent, Springfield, Durban, KwaZulu Natal


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Light Industrial Property, 30 Aloefield Crescent, Springfield Park

Property extent: ± 1 446 m² | Gross lettable area: ± 1 200 m² | Yard area: ± 375 m² | Existing nightclub within Industrial area – Ex “Teasers” | Immediate occupation | Rare opportunity

The subject property occupies a rectangular shaped levelled site set on Aloefield Crescent. The property is located approximately 8 kilometres north of Durban’s Central Business District.

The area surrounding the subject property is one of high demand and has good occupancy levels. The surrounding area comprises predominantly large factory warehouses and industrial sectional title complexes. It forms part of the northern corridor, which includes surrounding industrial nodes such as Riverhorse Valley, Springfield Business Park and Briardene. This corridor is connected by the N2 Freeway stretching north from the Umgeni River as well as the newly extended Nandi Drive from Briardene to Riverhorse Valley. The establishment of Riverhorse Valley (Durban’s flagship industrial node) as well as the Nandi Drive extension has been the primary catalytic developments in creating the northern corridor.

Inanda Road (M21) and Umgeni Road (M19) join the N2 National Freeway to the west and the M4 Freeway to the east. Aloefield Crescent links to Inanda Road via Willowfield Crescent. A large labour pool exists in the neighbouring middle to lower income residential nodes.

To participate in this physical auction each bidder has to follow registration procedures which can be obtained on this webpage

Commercial Type:
Industrial Property
Web Reference:
AUCT-000457
Final price:
POA
Address:
30 Aloefield Crescent, Springfield, Durban, KwaZulu Natal
Property Extent:
1446 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
25 July 2017 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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