± 1 200 m² Industrial Building

AUCT-000814 | On Auction

23 Kabelkring Street, Alton, Richards Bay, KwaZulu Natal

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± 1 200 m² Industrial Building, 23 Kabelkring Street, Alton, Richards Bay

Extent: ± 1 849 m² | Lease in place till March 2019 | GBA: ± 1 039 m² | Gross Annual Income: ± 242K

This Industrial property currently rented by an engineering company consists of approximately ± 1 200 m² of workshop and administration under one roof. The factory building is accessible from Kabelkring Road via a big roller shutter door. The building enjoys three gantry rails and enough heights to handle heavy loads on the factory floor. The building is erected in a combination of brick, concrete and steel structures. The upper part of the outside walls is gladded by corrugated steel sheets. The front section of the building consists of a reception and administration section and further office rooms are in the back of the building.

Richards Bay (Afrikaans: Richardsbaai) is a town in KwaZulu-Natal, South Africa. It is situated on a 30 square kilometre lagoon of the Mhlatuze River, which gives it one of the country's largest harbours. Richards bay also has the deepest natural harbour in the Southern hemisphere.

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Commercial Type:
Industrial Property
Web Reference:
List price:
23 Kabelkring Street, Alton, Richards Bay, KwaZulu Natal
Property Extent:
1849 m2
Auction Venue:
The Durban Country Club
Isaiah Ntshangase Road
KwaZulu Natal
Auction Date:
06 December 2018 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
Auction Date: 06 December 2018 11:00 am

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