3 x Immaculate Industrial Warehouses Fully Let

AUCT-001551 | On Auction

3 x Immaculate Industrial Warehouses Fully Let

51 Alexander Road, Westmead, Pinetown, KwaZulu Natal

PORTFOLIO DISPOSAL-DECEASED ESTATE: 3 x Immaculate Industrial Warehouses Fully Let. 51 Alexander Road, Westmead, Pinetown

Estate Late J.M Singleton | Masters Reference No. 005520/2016 | Extent: ±2 023 m² | Brilliantly positioned with Massive Exposure | Comprises 3 warehouses and mezzanine levels| Retail front to warehouse 1 | Fully Let | Gross Annual Income ±R1.1 Million | Refurbished roof | ±8-10m Internal height


Primary use
This high exposure industrial property is made up of three warehouses in total with a retail component to the road facing warehouse. These can be consolidated to form one large warehouse space, as the property is not a sectional title. The property is in immaculate condition and has a brand-new roof. The property is currently fully let with the current gross annual income just over R1m. This site is ±2 023 m² in extent with a lettable area of ±1 737m². The adjoining property, located at 53 Alexander Road, is also for sale. This property also measures ±2 023 m² in extent with an immaculate warehouse and office component as well as basement parking.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001551
List price:
POA
Address:
51 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 50,000.00 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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