Industrial Factory

AUCT-000867 | SOLD

55 Aberdare Drive, Phoenix Industrial Park, Durban, KwaZulu Natal


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± 4 850 m² Industrial Factory, 55 Aberdare Drive, Phoenix Industrial Park

BUSINESS RESCUE

Large Industrial Factory with Administration offices | Gross Building Area: ± 4 850 m² | Power: 500 AMPS | Approximate height: ±10m to apex | Within a popular industrial park | End user opportunity

Locality

The property is situated on Aberdare Drive, within the Phoenix Industrial Park. Phoenix Industrial Park is a well-developed and popular industrial node in Phoenix. The park typically contains large industrial warehouses with attached office components and workshops.

The Bridge City Urban Renewal Project is a large-scale mixed-use development of approximately R4 billion in investment. This project is in close proximity to the property and is almost complete with construction. It comprises 48 hectares and will contain approximately 4 000 residential units and approximately 230 000 m² of commercial and retail floor area. Bridge City is set to be the catalyst for economic growth within this township area which is north-west of Durban.

Developments found here are typically of a service retail and industrial nature but also include larger industrial manufacturing uses. This is an old and well-established industrial node of Phoenix which has attracted blue chip companies such as ABI (Coca-Cola), Spar and Trellidor. Many trucking companies have also been attracted to the area due to the easy access to highways and main arterial routes. The construction of the new link from Aberdare Drive onto the M25 KwaMashu Highway is approximately 300m from the property which forms part of the eThekwini’s GO Durban Project – City’s Intergrated Rapid Public Transport Network. Phoenix Industrial Park is easily accessed from either the Phoenix Highway or the KwaMashu Highway which runs east to connect to the N2 National Freeway. The property is positioned at the north western border of Phoenix Industrial Park.

Primary use

The property is currently used as a chemical-based manufacturing plant. The estimated GBA is approximately 4 850 m². The main factory floor is ± 2 000 m² with a floor to roof height of approximately 10m at the pitch. There are two adjacent under-roof buildings which are ± 88 m² and ± 348 m² respectively. Access to the factory is via a number of roller shutter doors on either side of the factory. The administration component is on a first-floor level and consists of a large open reception area with various offices, ablutions and an entertainment area with a kitchen. Access into the factory can be obtained directly from the administration block. Below the administration area two warehouse storage areas of ± 800 m². Access to the warehouses is directly from Aberdare Drive via roller shutter doors. There is access to the rear of the factory via a service road off Hunslet Road. There is an opportunity for vacant occupation.

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

Commercial Type:
Industrial Property
Web Reference:
AUCT-000867
List price:
Price undisclosed
Address:
55 Aberdare Drive, Phoenix Industrial Park, Durban, KwaZulu Natal
Auction Venue:
The Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
07 February 2019 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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