Industrial Property located in Pinetown

Industrial Property located in Pinetown

AUCT-001326 | On Auction

5 Myrtle Road, Pinetown, Durban, KwaZulu Natal


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Prime Industrial Investment Property. 5 Myrtle Road, North Industria, Pinetown

Total Extent: ± 2 013 m² | GLA: ± 800 m² | Fully Tenanted | Gross Annual Income: ± R531 K | Excellent Exposure onto St Johns Avenue | Easy Access via the M19 Freeway | Ample On-site Parking

This prime industrial property is situated on a corner site at No. 5 Myrtle Road. The property enjoys exposure onto 2 street frontages and is centrally located in an industrial node of Pinetown which is situated approximately 25km west of the Durban's Central District and approximately 1km east of the Pinetown Central Business District.

This property comprises of 2 immaculate industrial units with an approximate total GLA of 800 m². Both units are factory type units and offer vehicular access via roller shutter doors. The corner unit offers a retail opportunity due to its fantastic exposure onto St Johns Avenue. The yard area surrounding the units is completely tarred and offers ample parking. The property is well secured with steel palisade fencing and a security gate.

The immediate surrounding area comprises mainly industrial type end-user and investor-type properties. Properties in this node are a mix of freestanding industrial factory/warehousing with office components and a few interspersed sectional title mini-factory complexes. Neighbouring industrial nodes include New Germany, North Industrial and Falcon Industrial Park.
Access to the industrial park is directly off Henwood Road which links to Shepstone Road (Qashana Khuzwayo Road) to the east and Old Main Road (Josiah Gumede Road). Shepstone Road is one of the main arterials connecting to the M19 and to Old Main Road. The latter carries large volumes of traffic to and from the Pinetown Central Business District.

All modern-day amenities such as medical; municipal, civil protection; and shopping centres are within a 1km radius of the property. The area is fully serviced. The property is in close proximity to a taxi route which makes convenient transportation to and from work for staff.

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-001326
List price:
POA
Address:
5 Myrtle Road, Pinetown, Durban, KwaZulu Natal
Auction Venue:
Isaiah Ntshangase Road
Durban
Durban
KwaZulu Natal
Auction Date:
18 November 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required
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Auction Date: 18 November 2020 11:00 am

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