AUCT-001702 | On Auction

Industrial Land in Springfield Park

239-241 Peter Road, Springfield, Durban, KwaZulu Natal

± 2 300 m² Industrial Land in Springfield Park Alongside N2 Freeway. 239-241 Peter Road, Springfield Park, Durban

Site Extent: ± 2 319 m² | Flat Industrial land | Excellent exposure to N2 Freeway | Sold Vacant Occupation | Ideal for Logistics Yard and Industrial Development | Sought after area within Springfield Park

The property occupies a levelled site set on Peter Road, within the Springfield Park and Umgeni Business Park node. The property currently comprises of an office / admin block of approximately 100m². Focus should be placed on the property as vacant industrial land. The property has excellent exposure to the N2 Freeway.
Peter Road is accessed from Inanda Road. The property is located approximately ±10 kilometres north of Durban’s Central Business District.

The area surrounding the property is one of high demand and has good occupancy levels. The surrounding area comprises predominantly large factories/warehouses, industrial land and industrial Sectional Title complexes. It forms part of the Durban Northern Corridor, which includes surrounding industrial nodes such as Riverhorse Valley, Springfield Business Park and Briardene. This corridor is connected by the N2 Freeway stretching north from the Umgeni River, as well as by the newly extended Nandi Drive running from Briardene to Riverhorse Valley. The establishment of Riverhorse Valley (Durban’s flagship industrial node), the Nandi Drive as well as the Umgeni Business Park extension has been the primary catalytic developments in creating the Northern Corridor.

The nearby Umgeni interchange has been upgraded and Inanda Road currently being upgraded, which will improve access to the N2 Highway & Umgeni Road.
A large labour pool exists in the neighbouring middle to lower income residential nodes.

Commercial Type:
Industrial Property
Web Reference:
List price:
239-241 Peter Road, Springfield, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
KwaZulu Natal
Auction Date:
20 July 2022 11:00 am

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: 20 July 2022 11:00:00am

Muhammad Ali
                                                         In2assets Representative

Property Agent

Muhammad Ali
Show number
[email protected]

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