12 x Industrial Mini Factories within Pinetown

AUCT-001027 | On Auction

4 Rodger Sishi Road, New Germany, Durban, KwaZulu Natal


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12 x Industrial Mini Factories within Pinetown, 4 Rodger Sishi (Blair Atholl) Road, New Germany

End user & investor opportunity | 12 Industrial units (Sold individually and as a combined lot) | Ranging from ± 150 m² to ± 400 m² | Current Gross Annual Income: ± R1 100 000 | Corner site with excellent exposure

New Germany is a well-developed neighbourhood situated within the outer west council node of Durban’s Ethekwini municipality. This suburb is easily accessible from the M13 and M19 highways which link Durban with Pinetown. The suburb is synonymous with heavy and light industries and its one of the most senior industrial trade nodes in South Africa. This node is popular with business owners as it provides easy access to a customer base in and around Durban. There is also plentiful access to artisan employees who resides in New Germany, Pinetown and Clairmont. There are good standard of schools and other community facilities such as established retail centres within proximity.
The property is prominently located on the corner of Rodger Sishi (formerly Blair Atholl) and Shepstone Road. Shepstone Road is the main arterial route between Pinetown and the town of Clairmont. The property is one block away from the primary exit point for the new Go Durban bus service. There are 12 mini-factories varying in size between 150m2 and 400m2 for sale by auction. The total GLA is approx. 2600m2. In total there are 16 units within the complex.

Unit 1 – 216 m²; Unit 2 – 212 m²; Unit 3 – 277 m²; Unit 8 – 277 m²; Unit 9 – 210 m²; Unit 10 – 209 m²; Unit 11 – 205 m²; Unit 12 – 167 m²; Unit 13 – 167 m²; Unit 14 – 405 m²; Unit 15 – 147 m² & Unit 16 – 151 m²
The property offers ample onsite parking to its customers.

The current Gross Income of R1 100 000 annually with an estimated potential Gross Income of R1 500 000.

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Commercial Type:
Industrial Property
Web Reference:
AUCT-001027
List price:
POA
Address:
4 Rodger Sishi Road, New Germany, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
18 September 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: 18 September 2019 11:00 am

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