This well sized 72 241 m² industrial property presents an excellent opportunity to strategically position oneself within this important industrial node, which is in close proximity to the Toyoto Hub, multi-billion Automotive Supplier Park development currently in progress, and the proposed dug-out port. The property offers an ideal opportunity to secure a paved and hardened yard, that is in limited supply and sought after.

Zoned Controlled Industry/Special Controlled Industry, the property consists of 5 erven, namely:
1) Erf 87 Umbogintwini 9 612 m²
2) Erf 88 Umbogintwini 13 853 m²
3) Erf 89 Umbogintwini 14 874 m²
4) Erf 160 Umbogintwini 18 021 m²
5) The Rem of Erf 161 Umbogintwini 15 881 m²
Total 72 241 m²

The property offers a wide variety of uses and is ideal for industrial warehousing development, a truck depot or safe car fleet storage or potentially container storage.

The current layout of the property comprises of:
• Erf 87, Erf 160 and Rem of 161 Umbogintwini (43 514 m²) is a large fenced and gated parking lot with
demarcated tarred parking bays and shade cloth covering. This section of the property accommodates
2 667 parking bays and can accommodate vehicle fleet storage, or further re-development.
• Erf 88 and 89 Umbogintwini (28 727 m²) comprises of a partly-improved site featuring an office
component and large tracts of hardened vacant land used as a truck depot with an open-ended IBR
covered washbay, and a further IBR structure for truck repairs.

Currently, Erf 88 and 89 Umbogintwini is leased by an established Logistics Company and generating a gross
annual income of ±R4.4 million, to be increased to ±R4.7 million when the 7% annual escalation comes into effect as from 01 May 2022. The property is being utilised for its large yard space as a truck yard for its logistic operations including services, repairs and parking. 4 Hoses and 5 Air Compressor equipment are placed throughout the property. There is a neat air-conditioned office component comprising of 2 buildings that accommodates a reception area, enclosed and open plan office space and kitchenette and ablutions, as well as storage, and a security office.

In addition to the boom gate access at the entrance to the park, the property is secured, fenced and gated with electric fencing, and manned by a security guard.
The site is prime and ready for development close to the Toyota Manufacturing Hub in Prospecton and the
Port of Durban. Land of this nature has become increasingly rare and traditionally attracts huge interest from the market. The logistics industry has seen significant and rapid growth which continues to expand exponentially making platformed, hardened and paved land a sought-after commodity. As per the Title Deed, the property is subject to various servitudes. Erf 88 and 89 shall not be alienated, transferred, mortgaged or otherwise dealt separately from each other.