± 5 000 m² Industrial Warehouses In Jacobs

AUCT-001710 | On Auction

± 5 000 m² Industrial Warehouses In Jacobs

269-271 Chamberlain Road & 58 Lawley Street, Jacobs, Durban, KwaZulu Natal

± 5 000 m² Industrial Warehouses In Jacobs, 269-271 Chamberlain Road & 58 Lawley Street, Jacobs

Site Extent: ± 7 300 m² | 2 Warehouse Facilities (± 1 900 m² & ± 1 700 m²) | 1 x Warehouse: ± 1 400 m² partitioned into 3 mini-factories/workshops | Total Power Supply: 1600 AMPS | 2 Road Frontages | Sought after location | Close proximity to Port | 271 Chamberlain Road – Gross Annual Income: ± R1.6 Million


This property presents itself as a rare opportunity within a sought-after area where demand exceeds supply. With excellent and high exposure from Chamberlain Road and Lawley Street and with a position close to the Port, this property offers Harbour related organizations, logistic companies, heavy or light industries and warehousing concerns easy accessibility to all of the Port related networks as well to other major networks (M4 Southern Freeway and N2 Freeway).

The property comprises of 3 industrial warehouses, of which one is partitioned into 3 mini factories/workshops. All 3 warehouses are further supported by the administration components. The property will be sold only as a combination of all 3 industrial buildings. There is potential to either sectionalize the 3 addresses however all necessary Municipal processes, approvals and consents must be granted. Total Power Supply: 1600 AMPS and there a Municipal sub-station on site. The property is located within the greater South Basin Industrial region and more specifically in an area known as Jacobs. The Jacobs Industrial node is bisected by the Southern Freeway (M4) and is in an area south of the Harbour and north of the old Durban International Airport. This area has experienced increased demand due to the completion of the upgrading of the Quality Street intersection with the M4.

Developments found here are typically of an industrial and a manufacturing nature but also include some offices. This node is characterized by established and emerging tenants and/or owner-occupiers. Jacob’s industrial precinct is wedged between the residential areas of Wentworth and Merewent to the south, Montclair to the west and the Bluff to the east. The property enjoys good access as well as being in close proximity to the Harbour and Port.

The property occupies a prominent position with excellent exposure. Chamberlain Road runs parallel and one road east of the M4 and intersects with Quality Street; a main arterial road into Jacobs and Wentworth.
The local vicinity offers most modern-day amenities and public facilities with Quality Street providing access to any amenities that may not be in the immediate location.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001710
List price:
POA
Address:
269-271 Chamberlain Road & 58 Lawley Street, Jacobs, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
20 July 2022 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: 20 July 2022 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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