OPENING BID- R60 MILLION: ± 11 400m² AAA Grade Industrial Facility with Good Yard

OPENING BID- R60 MILLION: ± 11 400m² AAA Grade Industrial Facility with Good Yard

AUCT-001329 | On Auction

54 Mahogany Road, Mahogany Ridge, Pinetown, KwaZulu Natal


Please click here to download the Property Information Pack.

± 11 400m² AAA Grade Industrial Facility with Good Yard. 54 Mahogany Road, Mahogany Ridge, Pinetown

Extent: 2.99 Ha | GLA ± 11 400 m² | Large Yard Areas | Well Located & Easily Accessed | Bordering the N3 | End User Opportunity | 3000 AMPS Power | Brilliant Internal Height | Two Large generators included | Fully Air-Conditioned Factory | Epoxy coated flooring

LOCALITY
This prominent property is ideally located in the sought-after industrial hub of Mahogany Ridge. Mahogany Ridge borders Westmead, which forms part of Pinetown. The property borders the N3 Highway and is accessed directly off Mahogany Road. The property enjoys very good access to the N3 and other arterial roads leading into greater Pinetown. The proximity to the N3 also means easy access to the Port of Durban.

Mahogany Ridge is a prime industrial hub due to its strategic location between Durban and Pietermaritzburg. The area has experienced burgeoning growth and is an established, key industrial node. The surrounding area is characterised by distribution, manufacturing, and logistics companies. The immediate area boasts a number of well-established companies such as Pick ‘n Pay Wholesale, Pick ‘n Pay Distribution, Gibbsteel, Simba, Freightpak, Future Packaging and EPX Couriers.

Ease of access to freeways is a great asset to this property. The property borders the N3 Highway which leads to Gauteng and is in close proximity to the M13 towards Kloof and the M19 towards the Durban CBD & the Port of Durban.

PRIMARY USE

This immaculate industrial property sites on a site of roughly 30 000m2 and offers an area under roof of approximately 11 400sqm. The property comprises roughly 10 000m2 of prime, double volume warehousing with internal height of between 8 – 10 meters. The factory floor is fully airconditioned, enjoys epoxy flooring and a large 3 000 amp power supply. Access into the warehouse is good with six electric dock levellers and four 5metre on-grade roller doors – (three dock levellers and two roller doors on each end of the property). The front section of the warehousing is currently utilized as a receiving area while the rear is used for dispatch. The dispatch area is separated from the working area by a brick wall and is accessed via automatic roller doors which maintain the cooler internal temperature of the main warehouse. The property also boasts two large generators which are included in the sale, 1 x 1600 KVA Cummins generator & 1 x 500 KVA Circon generator & large compressors. The property also has a 5-day water buffer for industrial scale usage & fire reservoir. There is also an additional 250m2 dedicated to the ancillary services. Internal brick walls have been erected on the inside of the warehouse to accommodate different departments, however it must be stressed that these can easily be removed to allow for a more open and rectangular warehouse floor.

The offices are A grade and occupy two levels and roughly 1 150m2. The offices are a mix of open plan and individual offices and include premier board rooms, meeting rooms, ample ablutions, kitchen areas, storerooms, training areas and canteens. The well sized offices can be reduced and additional space allocated to warehousing if required.

The yard area is impressive and easily accommodates interlink access and reticulation. Additionally, the yard has 74 parking bays.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001329
List price:
POA
Address:
54 Mahogany Road, Mahogany Ridge, Pinetown, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
14 October 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.
SAVE
PRINT
DIRECTIONS
Auction Date: 14 October 2020 11:00 am


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