± 2600 m² Highly Exposed Industrial Property

AUCT-001007 | On Auction

584 Chris Hani Road, Durban, KwaZulu Natal


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Industrial Tenanted Property On North Coast Road, 584 Chris Hani (North Coast) Road, Durban

Gross Lettable Area: ± 2 629 m² | Site extent: ± 3 255 m² Gross Annual Income: ± R1.2 Million | Fully tenanted | Corner Site – excellent exposure to Chris Hani (North Coast) Road | Zoned: General Industrial

The property is ideally located on Chris Hani (North Coast) Road in Park Hill, with easy access to the N2. The property is close to Queen Nandi Drive which is a major arterial route and in close proximity to the sought-after Briardene Industrial Node, Riverhorse Valley and Springfield Park. It is located approximately 9 km from Durban’s Central Business District.

The immediate Briardene industrial precinct consists of a mixed assortment of general industrial type buildings, with usage ranging from light to heavy industrial factories, and a few interspersed office blocks and retail accommodation. This node is mainly characterised by established tenants and/or owner-occupiers. Other industrial nodes in the immediate vicinity are Umgeni Business Park and Redhill Industrial Park.

Briardene Industrial Park and Riverhorse Valley Business Park have had massive success stories and have resulted in the relocation of Retail, Office and Warehousing for National Tenants to this area. A major factor has been the accessibility to the business nodes via Queen Nandi Drive which links North Coast Road to the N2 Freeway.

Most amenities and public transport are located along North Coast Road. The Metro Rail Railway line runs parallel to North Coast Road. The property is within walking distance of Greenwood Park Primary School, Park Hill High School, Park Hill Police Station, Redhill Fire Station as well as the Park Hill Medical Centre.

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Commercial Type:
Industrial Property
Web Reference:
AUCT-001007
List price:
POA
Address:
584 Chris Hani Road, Durban, KwaZulu Natal
Property Extent:
3255 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 August 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: 20 August 2019 11:00 am

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