Versatile Industrial Property Located in Jacobs

AUCT-000869 | On Auction

97 Lawley Street, Jacobs, Durban, KwaZulu Natal


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Versatile Industrial Property, 97 Lawley Street, Jacobs, Durban

LIQUIDATION SALE

Cool Ideas 259 (Pty) Ltd (In Liquidation)
Masters Ref No: D140/2018

Extent: ± 2 647 m² | Level site | High end offices | Paved yard

This well-presented industrial property comprises a double story building consisting of offices and a warehouse structure. The ground floor is currently being used as storage and offers a cold room facility, offices, ablutions and a kitchen. The first floor is made up of a front reception, showroom area, configuration of offices and storage rooms created with dry wall partitioning, kitchen and ablutions for males and female. The workshop is accessed via 3 roller shutter doors with enough height to allow for the access and egress of large trucks. The workshop comprises of an, open workshop area, and storage area at the rear. The property also has standalone ablutions and staff quarters.

The property is accessed via a security gate from Lawley Street. The buildings are surrounded with good yard area, most of which is paved. The property is located within the greater South Basin Industrial region and more specifically in an area known as Jacobs. The Jacobs Industrial node is bisected by the Southern Freeway (M4) and is in an area south of the Harbour and north of the old Durban International Airport. This area has experienced increased demand due to the completion of the upgrading of the Quality Street intersection with the M4.

Developments found here are typically of an industrial and a manufacturing nature but also include some offices. This node is characterized by established and emerging tenants and/or owner-occupiers. Jacob’s industrial precinct is wedged between the residential areas of Wentworth and Merewent to the south, Montclair to the west and the Bluff to the east. The property enjoys good access as well as being in close proximity to the Harbour and Port.

The property is well situated on Lawley Street. Lawley Street runs parallel and two roads east of the M4 and intersects with Quality Street; a main arterial road into Jacobs and Wentworth. The local vicinity offers most modern day amenities and public facilities with Quality Street providing access to any amenities that may not be in the immediate location.

Jacobs is a suburb of Durban. It is located near the coast and neighbours the Bluff. It consists of industrial properties and is located just outside of Durban.

Viewing: 22 January 2019 from 14h30 to 15h30

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Commercial Type:
Industrial Property
Web Reference:
AUCT-000869
List price:
POA
Address:
97 Lawley Street, Jacobs, Durban, KwaZulu Natal
Property Extent:
2647 m2
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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Auction Date: 07 February 2019 11:00 am

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