Large Industrial Building in Pietermaritzburg

AUCT-001467 | On Auction

Large Industrial Building in Pietermaritzburg

7 Herschensonn Road, Masons Mill, Pietermaritzburg, KwaZulu Natal

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

Extent : ± 12 141 m² | GLA ± 2 770 m² | Good roof height | Hardened yard | Room for expansion | Great value


Located in Mason’s Mill, Pietermaritzburg is a solid factory with office block. The GLA of the buildings are ± 2,770m² 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:
Office Upstairs: ±107m²
Main Factory and Office (East)± 1110 m²
Main Factory and Office (west) ± 784 m²
Workshop: ± 486 m²
Ablutions: ± 108 sqm
Gard House/ weighbridge/ Miscellaneous: ± 175 m²
Total GLA: ± 2770 m²
Land Size: ± 12, 141 m², of which ± 3039m² is hardened.

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:
14 July 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: 14 July 2021 11:00:00am


Alan Martin
                                                         In2assets Representative

Property Agent


Alan Martin
082 445 5048
[email protected]


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