Industrial Property

AUCT-000906 | SOLD

150 Paisley Road, Jacobs, Durban, KwaZulu Natal


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Industrial Property, 150 Paisley Road, Jacobs

± 1 352 m² Warehouse and factory space | Suitable for an end-user | High demand industrial node

Locality

The property is situated on Paisley Street and enjoys easy access from Chamberlain Road. Jacobs is located within the greater South Basin Industrial region. The Jacobs Industrial node is bisected by the Southern Freeway (M4), and is in an area south of the Durban Harbour (the busiest Port in Africa) and north of the old Durban International Airport. This area has experienced increased demand, due to its convenient location between the existing harbour and the new harbour to be built on the site of the old Durban Airport.

Jacobs is popular for accommodating manufacturing companies with the need to be closer to the harbour for imports and exports. Developments found in Jacobs 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. The completion of the upgrading of the Quality Street intersection with the M4, has contributed favourably to the area.

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 local vicinity offers most modern-day amenities and public facilities, with the Bluff providing access to any amenities that may not be in the immediate location.

Primary Use

This property is located along Paisley Road within a popular Durban industrial node called Jacobs. The property is access via a large sliding gate. There is two levels of industrial space with a total estimated GLA of ± 1 352 m². The ground level is ± 550 m² with an office, storing room, ablutions and a kitchen. The upper level ± 500 m² with an office, boardroom, workshop office and ablutions. The upper level is access via a wide vehicular ramp. There is ± 200 m² of the yard space which is hardened and falls part of a council lease for the past 11 years. There is a gas line servitude. There is 3 phase power supply with 150Amps. The property is sold vacant and would suit an end-user.

Viewing: 11 April from 14h00 to 15h00

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

Commercial Type:
Industrial Property
Web Reference:
AUCT-000906
List price:
Price undisclosed
Address:
150 Paisley Road, Jacobs, Durban, KwaZulu Natal
Property Extent:
1050 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
17 April 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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