Multi tenanted Industrial Building in New Germany

AUCT-000687 | On Auction

4 Dinkelman Road, New Germany, KwaZulu Natal


Industrial Investment Property, 4 Dinkelman Road, New Germany (Known as Bestwood Park)

5 Individual sections | Total GLA: ± 2 579 m² | Fully let

The five sections form the full sectional title scheme set over a three-storey industrial building. The auction sale will include the following sections:

Unit 1: ± 377 m²
Unit 2: ± 433 m²
Unit 3: ± 285 m²
Unit 4: ± 288 m²
Unit 5: ± 1 196 m²

The parent property is set on the extension of Otto Volek Road (M5)known as Dinkelman Road. Development plans include the extension of the M5 north west to connect to Waterfall in the Outer West region. The site is slightly sloping in gradient and generally rectangular. The property is located to the northern periphery of the New Germany industrial node in the suburb of Pineside, which is set north of the
Pinetown Central Business District.

This is a large industrial node which comprises a few suburbs within the node, such as Pineside, North Industria and Falcon Industrial Park. It is set close to the residential areas of New Germany. This node is located north of the M13 Metropolitan Road and the N3 National Freeway and is bisected by the M19.

The neighbourhood is well established and comprises a mix of large scale industrial premises, light industrial, showroom and retail properties. Numerous national and blue chip industrial tenants occupy the node. The upmarket residential suburbs of Cowies Hill and Westville are to the east, whilst the middle income residential suburbs are directly north. The node is nearly fully developed and vacant land is in short supply.

The Pinetown city centre separates the subject industrial node from the Westmead industrial area, just west of the city. Both industrial locations are highly sought after and are considered prime industrial land within the eThekweni Municipality.

Dinkelman Road becomes Otto Volek Road by the intersection of Shepstone Road. Otto Volek Road extends south to connect to M19, M13 and N3. Otto Volek Road also connects to Old Main Road (M31) in the Pinetown city centre, which runs east to west through the CBD. All modern amenities and public services are located in Pinetown Central.

To participate in this physical auction each bidder has to follow the registration procedures.

Commercial Type:
Industrial Property
Web Reference:
AUCT-000687
List price:
POA
Address:
4 Dinkelman Road, New Germany, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 June 2018 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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Auction Date: 20 June 2018 11:00 am

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