DURBAN LIVE STUDIO AUCTION - Versatile ± 76 000 m² Industrial property

DURBAN LIVE STUDIO AUCTION - Versatile ± 76 000 m² Industrial property

AUCT-001249 | On Auction

2096 South Coast Road, Mobeni, Durban, KwaZulu Natal


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Versatile ± 76 000 m² Industrial property. 2096 South Coast Road, Mobeni

Duly instructed by the Business Rescue Practitioner

Extent: ± 76 650 m² | Floor area under roof: ± 35 981 m² | Versatile potential | Multiple warehouses and large yard areas | Redevelopment opportunity | Strategically located | Good access to the port | Opposite Umlazi Mega City Mall in close proximity to Old Airport Interchange easily accessing all major artertials

LOCALITY

The property is located on the south western boundary of the Mobeni West industrial node. It forms part of the greater South Basin Industrial region. Mobeni West is situated south east of South Coast Road and is primarily occupied by larger scale industrial premises geared towards manufacturing.

The property fronts onto four busy roads, Mangosuthu Highway, Old South Coast Road, South Coast Road and the R102. The property is directly accessed from Old South Coast Road and lies at the foot of the old airport interchange. The properties strategic position is unparalleled providing brilliant access to the N2, M4, R102 and South Coast Road. This allows for easy movement in any direction.

Public facilities, amenities and public transport are located along South Coast Road. The property also lies adjacent to the Umlazi Mega City. Surrounding areas comprise ‘low-income’ residential accommodation and similar ‘port related’ industrial properties. The South Basin Industrial region has been earmarked for re-development as per the EThekwini Integrated Development Plan.

PRIMARY USE

This large industrial property offers a versatile potential to developers and end users alike. The property is ± 76 650 m² in extent and currently comprises an abundance of high-quality improvements and large yard areas, the current gross building area is ± 33 542 m². Some of the improvements include various warehousing components, offices, ablutions, and staff change rooms & canteens.

The property offers a desirable power supply as well as multiple roller shutter doors for access into the warehouses. The property also offers decent height and has been maintained well.

The proximity to freeways, arterial routes and accessibility to the port also offers a rare development opportunity.

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https://auctions.in2assets.co.za/

Commercial Type:
Industrial Property
Web Reference:
AUCT-001249
List price:
POA
Address:
2096 South Coast Road, Mobeni, Durban, KwaZulu Natal
Property Extent:
±76650 m2
Auction Venue:
In2assets Offices
Unit 505 Strauss Daly Place
Durban
KwaZulu Natal
Auction Date:
03 June 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash.
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Auction Date: 03 June 2020 11:00 am



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