AUCT-001467 | On Auction

Large Industrial Building in Pietermaritzburg

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    2021-07-28 11:00:00
    Large Industrial Building in Pietermaritzburg

    OPENING BID: R3. 7 Million. Extensive Factory With Development Land. 7 Herschensonn Road, Masons Mill, Pietermaritzburg

    Extent : ± 12 141 m² | GBA ± 2 615m² | Good roof height | Hardened yard | Room for expansion | Great value

    Masons Mill, KwaZulu Natal


    Located in Mason’s Mill, Pietermaritzburg is a solid factory with office block. The GBA of the buildings are ± 2 615m² and the Erf size is ± 12,141 m². The property enjoys an extent of ± 27,359 m² of level land. A large part of the areas surrounding the buildings are hardened concrete and access to super link trucks with turning space is possible.

    The property is ideal for a manufacturing entity, logistics hub, or to be split up in different units making an industrial business park. Masons Mill is an established Industrial Area that has shown some regeneration over the last few years where old factory space has been converted to warehousing and distribution centres. The new Edendale Rapid Transport upgrade is 200m away. Within this is the new Eden Gardens Private Hospital. Well known neighbours in this area are Hulamin Aluminium, Trox Technik and Panjivans Liquor.

    Property Breakdown:
    Upstairs Office: ± 107 m²
    Downstairs Office: ± 107 m² (combined 214sqm)
    Main Factory ± 1 516 m²
    Main Factory Change Rooms ± 116 m²
    Workshop ± 586 m²
    Ablutions ± 108 m²
    Guard House / Weighbridge / Misc ± 75 m²
    Total: ± 2 615 m²

    This main factory building is in reasonable condition. The Office block is double story and solid; although attached to the main factory it is very private. Two other tenants exist on short term leases. The property is surrounded by a 2-meter-high brick wall with razor wire. There is a weighbridge that is functioning but has not been calibrated for a while. Pietermaritzburg is the capital and second-largest city in the province of KwaZulu-Natal, South Africa. It was founded in 1838 and is currently governed by the Msunduzi Local Municipality. Its Zulu name umGungundlovu is the name used for the district municipality.

    Pietermaritzburg is popularly called Maritzburg in English and Zulu alike, and often informally abbreviated to PMB. It is a regionally important industrial hub, producing aluminium, timber and dairy products, as well as the main economic hub of Umgungundlovu District Municipality. The public sector is a major employer in the city due to the local, district and provincial governments being located here. It is home to many schools and tertiary education institutions, including a campus of the University of KwaZulu-Natal. The current population is estimated at over 600,000 residents (including neighbouring townships).
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-001467
    List price:
    POA
    Address:
    7 Herschensonn Road, Masons Mill, Pietermaritzburg, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    28 July 2021 11:00 am



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

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