Highly Exposed Industrial Warehouse with Brilliant Height

AUCT-001550 | SOLD

Highly Exposed Industrial Warehouse with Brilliant Height

53 Alexander Road, Westmead, Pinetown, KwaZulu Natal

PORTFOLIO DISPOSAL-DECEASED ESTATE: Highly Exposed Industrial Warehouse with Brilliant Height. 53 Alexander Road, Westmead

Estate Late J.M Singleton | Masters Reference No. 005520/2016 | Extent: ±2023 m² | GLA ±1 409 m²| Brilliantly positioned with Massive Exposure | ±856m² Warehouse with ±10-12m internal height | New roof | Offices present a retail conversion opportunity | Currently partially tenanted | Current Gross Annual Income: ± R708 K


Primary use
This property enjoys a fantastic position along Alexander Road. It has high levels of passing trade and is exceptionally visible. The property comprises a large office component with an immaculate warehouse which measures 856m2. The offices offer a rare retail conversion opportunity to benefit from the high levels of passing trade. The warehouse is accessed via three roller shutter doors, internally the property has screeded floors and a height of roughly 9m to the eaves. The warehouse has its own ablutions and office which allows two separate tenants to occupy the offices and warehouse floor. The property has a very beneficial basement parking area in addition to the parking bays in front of the offices. In total there are 26 parking bays.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001550
Final price:
POA
Address:
53 Alexander Road, Westmead, Pinetown, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 October 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 October 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
[email protected]


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