Commercial Building in Congella Durban

AUCT-001306 | SOLD

Commercial Building in Congella Durban

243 Magwaza Maphalala (Gale) Street, Congella, Durban, KwaZulu Natal

± 1 550 m² Multi Storey Warehouse with Factories. 243 Magwaza Maphalala (Gale) Street, Congella, Durban

GBA: ± 1 550 m² | Gross Annual Income: ± R400 K | 3 floors at ± 500 m² each | Goods hoist | Zoned: General Industrial | Corner site with excellent exposure


This 3-storey industrial building is positioned at the corner of Magwaza Maphalala (Gale) Street and Powys Road, within the Congella Industrial of Durban. The property obtains vehicular and pedestrian access from Gale Street and pedestrian access from Powys Road. The property is exposed to high levels of vehicular and pedestrian traffic. The ground level is perfect for warehousing and storage with access directly from Gale Street via a roller shutter door. This ground floor has an admin office section as well. A good hoist services the building from the ground floor directly to the second floor. The first and second floors comprises of factory space with each level consisting of staff ablutions and showers. Each level further comprises of roller shutter door access from Powys Road for off loading and loading off a Hyster. The property has approximately 160 AMPS power supply.

The property is situated within the suburb of Congella, which is an industrial node, situated west and approximately 2 kilometres from Durban’s Central Business District and close to the Durban Harbour.

The property is set on the suburb’s northern border and offers easy access to the Durban CBD. Congella is positioned adjacent to the popular Maydon Wharf Industrial node, which is home to the prominent national companies including Portnet. The property is set on the south eastern side of Magwaza Maphalala (Gale) Street, which is a one-way route running from the southern region of the harbour to the city centre, whilst Sydney Road runs parallel to Gale Street but carries traffic away from the city centre.

The immediate neighbourhood consists of older type industrial properties comprising workshops, warehousing, factory, and offices, commercial and retail components. The subject property is well appointed in terms of necessary amenities including Durban Harbour, emergency, medical, education services and transport facilities. The property enjoys excellent exposure to high levels of vehicular and pedestrian traffic.

To register and attend this auction, please email [email protected] as attendance is strictly by invite.
Alternatively, bids can be submitted via our online bidding platform https://auctions.in2assets.co.za accessible from both your PC or by downloading the In2assets App from the Google Play Store or App Store.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001306
Final price:
POA
Address:
243 Magwaza Maphalala (Gale) Street, Congella, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
15 September 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Document are required.

Bidding opens in


Auction Date: 15 September 2020 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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