± 2 800 m² Industrial Property

AUCT-001464 | On Auction

± 2 800 m² Industrial Property

17 Rana Road, Isipingo Rail, Isipingo, KwaZulu Natal

± 2 800 m² Industrial Property. 17 Rana Road, Isipingo Rail

Site Extent: ± 2 023 m² | Power Supply: 800 AMPS | Vacant Occupation | Can occupy 3 tenants due to 3 access points | ±7 Offices | N2 Exposure | Well maintained, neat and secure | New Roof | Close to the Port


This well maintained, neat and secure property is positioned on Rana Road, within the Isipingo Rail Industrial node. The rear wall of the building has great exposure to the N2 Freeway, and such will be an ideal branding feature for any business/ company. The property has two driveways off Rana Road, one to the ground floor and a ramp to the first floor. The front yard area is approximately 330 m² and is fully concreted. The property comprises of three warehouses/factory space with each linking. Alternatively, this property can accommodate 3 different tenants easily due to the 3 access points. The plus to this property is the 800 AMPS power supply available.

Surrounding factories and companies include Mando’s Used Spares, Palm Footwear Manufacturers, Reunion Cash & Carry, Timba Bord, Transworld Footwear, Flange 2000, Master Motors, JG Hauliers and Bond Footwear.
Rana Road is just off (Old South Coast Road) in Isipingo which is an established industrial area. Old South Coast Road links up to the M35 to the south which further links up to Prospecton and the N2 Highway. Service outlets such as Filing stations, Shopping malls (Galleria) and other new commercial developments are within close proximity to the property. This locality is ideal for industrial purposes as it is in close proximity to many major routes including the M4 which would ferry vehicles to the Durban Central Business District, and to points of transport such as Rail and the Durban Harbour.

Numerous national and large corporate tenants occupy the Prospecton (in close proximity to the subject) node viz. Toyota, CHC, Air Liquide, Trident Steel, Gud Filters, Mannesman Demag, Fascor, Edcon, Durban South Toyota and Natal Motor Industries to name a few. Prospecton Industrial is currently still sought after within eThekwini and comprises a combination of light industrial, warehousing and manufacturing type properties. The surrounding residential suburbs of Isipingo, Amanzimtoti, Wentworth, Umlazi, Lamontville, Merewent and Umbogintwini are located within close proximity to the area. The property is well served with public transportation, with a taxi rank and Pelgrim train station located within a radius of 1km and on the bus route.

The Prospecton area as well as the subject locality has become sought after as the old Durban International Airport site has been purchased by Transnet for R1.8 billion with the intention of developing a dug-out port on the site. The port will comprise 16 container berths built in four phases, five automotive berths and four bulk liquid berths. The estimated cost of the project is R100-billion over the next 30 years.

Viewing: Tuesday 8 June 2021 from 2pm-4pm

Commercial Type:
Industrial Property
Web Reference:
AUCT-001464
List price:
POA
Address:
17 Rana Road, Isipingo Rail, Isipingo, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
23 June 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 23 June 2021 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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