± 1 289 m² Warehouse & Retail Shops in Prospecton Industrial

AUCT-001504 | On Auction

± 1 289 m² Warehouse & Retail Shops in Prospecton Industrial

38 Prospecton Road, Prospecton, KwaZulu Natal

± 1289 m² Warehouse & Retail Shops in Prospecton Industrial. 38 Prospecton Road, Prospecton Industrial

GBA: ± 1 289m² | Zoned: Limited Commercial | Corner Site with excellent exposure | Double volume warehouse/factory facility | ± 22 Onsite Parking Bays | Frontline shops/offices plus further offices on first floor | Can accommodate 8 tenants


This mixed-use commercial property is located in an area that is sought after, close to the port, close to townships that offer blue-collar employment opportunities and on the commuter route. This property was previously occupied by national banks and can accommodate approximately ±8 tenants comfortably. The property is accessed via roller gates off Prospecton Road and Prospecton Place and is secured by steel palisade fencing running alongside all boundaries and 1 boundary with additional concrete palisade. There are approximately 25 parking bays throughout the property.

The property comprises of 3 retail shops/offices that front Prospecton Road, a double volume warehouse accessed off Prospecton Place and a configuration of open plan and individual offices on the first floor.
The first shop/office is accessed via pedestrian doors from the car park and comprises of an open plan area with a mezzanine level. This mezzanine level consists of an ablution facility, kitchenette and an office. The second shop/office is also accessed directly from the car park and comprises of an open plan area on the ground floor with 4 drywall partitioned offices and further comprises of a mezzanine level with offices, both open plan and individual which are drywall partitioned. The third largest shop/office was once occupied by a bank and comprises a large open plan area with male and female ablution facilities and a kitchen. Mezzanine levels are on plans.

There are 4 showrooms/offices positioned on the first floor. The first floor obtains access from 2 stairways which a located on the ground floor on either side of the building. Majority of the offices are drywall partitioned. All of these showrooms/offices share the common ablution facilities located on the ground floor. The offices are tenant and it should be noted that all movable items and the cameras within these offices do not form part of the sale. A double volume warehouse facility is positioned at the rear of the property. This warehouse (approximately 280 m²) is accessed from the driveway off Prospecton Place via a roller shutter door and from a pedestrian door and has an administration section with an office on the upper floor, reception area with ablution facilities and a change room on the lower floor. The warehouse has hardened concrete floors, insulated ceilings and a height of ±7.9m to the apex and ±6m to the eaves.

The property is strategically situated in a traditional well-established industrial area that is monopolised by the Toyota Manufacturing Plant, located to the south of Durban, adjacent to the old Durban Airport site.
The property is positioned approximately 150m away from the N2 Freeway and at the corner of Prospecton Road and Joyner Road. The Isipingo Home Affairs Department and the Prospecton Fire Department are positioned at the rear of the property and a convenient shopping centre with a KFC food outlet is positioned adjacent to the property. The property is also positioned across the Prospecton Standard Bank branch and close to the Prospecton TOTAL service station and as such, the property is exposed to high levels of passing trade and vehicular traffic.
The immediate node is home to Toyota, S A Breweries, Nampak, GUD, ARB Electrical, Robertson Spices, Unilever, Massmart, Beier, Momentum Logistics, Swan Plastics etc.

Prospecton Industrial forms part of the Isipingo township and part of the Durban’s South Industrial Basin, therefore it is a significant part of the eThekwini Municipality. The Durban’s South Industrial Basin and the properties within the node have strategic value with continuous potential for industrial growth, thus contributing significantly to the national GDP.
The nearest amenities and public facilities are in the neighbouring areas of Isipingo and Amanzimtoti. Situated within a 2km radius is the Kingsway Hospital and the The Galleria Mall, the Arbour Village which is a retail, office and light industrial park, as well as the Southgate Industrial Park are positioned close by.

Commercial Type:
Office Space
Web Reference:
AUCT-001504
List price:
POA
Address:
38 Prospecton Road, Prospecton, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 August 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 August 2021 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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