Phoenix Industrial Warehouse with National Tenant

AUCT-000811 | On Auction

3 354 Aberdare Drive, Phoenix Industrial Park, Durban, KwaZulu Natal


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Industrial Warehouse with National Tenant, Section 3, 354 Aberdare Drive, Phoenix Industrial Park

Extent: ± 1 822 m² | Yard: ± 695 m² | Income: ± R 1.3 Million p.a | Blue Chip Tenant

This sectional title unit is well located within the Phoenix Industrial Park and has frontline exposure to Aberdare Drive. The Tenant is the Shoprite Checkers Group a JSE listed company and has occupied the property since June 2007 with a renewed lease until 31 January 2020. The tenant has not indicated yet if they will renew the lease in February 2020. The building is accessible via a roller shutter gate and enjoys extra eave heights which suits the current tenant who is storing appliances and furniture for the supply of the company’s retail stores. There is 3-phase electricity supply with 50hz, 420 amps
The property is held in a company and the sale of the shares is optional.

Commercial Type:
Industrial Property
Web Reference:
AUCT-000811
List price:
POA
Address:
3 354 Aberdare Drive, Phoenix Industrial Park, Durban, KwaZulu Natal
Property Extent:
1822 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
21 November 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: 21 November 2018 11:00 am

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