Two Prime Industrial Units in Secure Complex

Two Prime Industrial Units in Secure Complex

AUCT-001265 | On Auction

Sections 2 & 5 Brand Park, 20 Brand Road, Pinetown, KwaZulu Natal


Please login or register for property info pack.

Two Prime Industrial Units in Secure Complex. Sections 2 & 5 SS Brand Park, 20 Brand Road, Pinetown

Section 2 (Unit 2): ± 773 m² | Section 5 (Unit 4): ± 1 073 m²| Both units are in very good condition | Sold individually or combined | Prime Industrial park | Good height and ample power | Ample parking bays | Currently income generating

LOCALITY

This property is well positioned at the end of Brand Road in an well sought after industrial park named Brand Park. This prime industrial area enjoys an excellent location in the Inner West suburb of Pinetown forming part of the area’s premier industrial hub. The area is made up of five individual nodes – Maxmead, Westmead, Surprise Farm, Monte Carlo Industrial and Mahogany Ridge. The area boasts no fewer than five entrances, all of which are easily accessed from the N3.
Brand Road is accessed directly off of Richmond Road which in turn is accessed directly from the N3. The upgrade of the Richmond Road off-ramp from the N3, has made it easier for large trucks to enter and leave the area. This ease of access not only to and from the N3, but also to other key routes to the KZN north and south coasts, has helped to cement the area’s continuing popularity as a key industrial node.

Brand Road generally is home to a wide variety of large and small factories and warehouses and offers a host of attractive investment opportunities. A large number of well-established businesses are already enjoying the many benefits the area has to offer; easy freeway access, reliable 3-phase electricity supply, and good security, to name just a few. The area is characterized by companies covering a broad spectrum of industries, including construction, engineering, couriers, vehicle servicing and spares, printing and packaging.

PRIMARY USE

Brand Park itself is a well established industrial park and has a variety of industrial tenants. The complex has a very good power supply, brilliant height, ample space for truck reticulation and ample parking bays. We currently have two units available, Units 2 & 4. The units are both currently tenanted and offer a good return to investors, these are available individually or combined.

Unit 2

This unit is currently tenanted until September 2021, with a renewal period to be negotiated, by Howden Donkin. The current gross annual income is R686 446. The property has an extent of ± 773 m², very good 3 phase power supply of 250 amps and height of approximately 12 m at the apex to roughly 6 m to the eaves.

The unit comprises one large roller door directly into the warehouse, a separate entrance into the reception area, an open plan office on the first floor with separate ablutions and a kitchenette, a concrete office on the ground floor and an additional drywall office. There is a mezzanine extension on the first floor which creates a separate office elevated above the warehouse office on the ground floor.

Unit 4

Unit 4 is currently tenanted until June 2022 with a gross annual income of R 908 377. The property is ± 1073 m2 in extent, has very good 3 phase power supply of 200 amps and height of approximately 8 m. The warehouse has a large roller door leading into the warehouse which has epoxy flooring, an drywall mixing area, drywall canteen, and a small concrete mezzanine in the corner of the warehouse. The office area includes a ground floor reception and closed office and first floor includes 4 drywall partitioned offices and a large open plan office area.

These industrial properties enjoy an excellent location within the premier industrial node of Pinetown. These are available individually or combined and offer an opportunity for investors or end users alike.

Please view https://in2assets.co.za if you would like to Bid via the In2assets Bidding Platform. R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001265
List price:
POA
Address:
Sections 2 & 5 Brand Park, 20 Brand Road, Pinetown, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
22 July 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.
SAVE
PRINT
DIRECTIONS
Auction Date: 22 July 2020 11:00 am



Participate in our next upcoming combined auction and enjoy maximum exposure in the market place.