Two Industrial Properties For Sale In Springfield Park

AUCT-000971 | On Auction

9 Beechfield Crescent , Springfield, Durban, KwaZulu Natal


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Two Industrial Units, 9 Beechfield Crescent, Springfield Park

Extent: ± 329 m² & ± 649 m² | Well positioned | Can easily be combined to form one larger unit | Established & secure industrial park | Ample power

Locality

The subject units form part of a sectional title scheme situated on a ring road in Springfield. The scheme fronts onto Beechfield Crescent, which is a ring road that links to Elmfield Place. Elmfield Place is accessed from the busy Inanda Road (M21). The scheme is set within the Umgeni Business Park which forms part of the township of Springfield. It is located approximately 8 kilometres north of Durban’s Central Business District.

The area surrounding the subject scheme is one of high demand and has good occupancy levels. The surrounding area comprises predominantly large factory warehouses and industrial sectional title complexes. It forms part of the northern corridor, which includes surrounding industrial nodes such as Riverhorse Valley, Springfield Park and Briardene. This corridor is connected by the N2 Freeway stretching north from the Umgeni River as well as the newly extended Nandi Drive from Briardene to Riverhorse Valley. The establishment of Riverhorse Valley, Durban’s flagship industrial node, as well as the Nandi Drive extension, has been the primary catalytic developments in creating the northern corridor.

Umgeni Business Park is bisected by the Umgeni River, whilst the Inanda Road (M21) and Umgeni Road (M19) join the N2 National Freeway to the west and the M4 Freeway to the east. The upmarket residential suburbs of Umgeni Park and Durban North are directly north of the Umgeni Business Park.

Primary Use

The subject properties form part of a large investment portfolio disposal sale which include 18 properties in KZN and 4 JHB properties.

The subject units form part of a sectional title scheme known as SS Beechfield Crescent No. 9. Access to the scheme is obtained directly off Beechfield Crescent via security manned gates. The scheme is made up of 2 buildings, with the subject units located close to the access gates.

Section 5 measures 329m² and Section 6 measures 649m². Section 6 has been further divided into two warehouses.

Section 5 – Accessed by a roller shutter door approximately 8-10m in height with alternate pedestrian access to a double storey office component. The ground floor of the office component comprises change rooms, ablution facilities and a reception office whilst the upper floor comprises of 2 offices and an ablution facility.

Section 6 - The section has been divided to create two separate warehouses each accessed by a roller door 8 – 10 m in height. Each unit has double storey office components with each obtaining pedestrian access off the driveway. The ground floorscomprises of a canteen, kitchenette, ablution facility and a separate reception office. The upper floor comprises offices and ablution facilities.

Units comprise of rear emergency exits and are air-conditioned to all office components (approximately 8 split air-conditioning units in total). There are approximately 10 parking bays positioned on the driveway plus loading/offloading bays. Both units are fully alarmed. For information on current lease terms please contact me to discuss in more detail.

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

Commercial Type:
Industrial Property
Web Reference:
AUCT-000971
List price:
POA
Address:
9 Beechfield Crescent , Springfield, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
24 July 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: 24 July 2019 11:00 am

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