AUCT-001761 | On Auction

Commercial Investment Property

Until Our Next Auction
20 October 2022 | 11:00:00 am

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    2022-10-20 11:00:00
    Commercial Investment Property

    PORTFOLIO DISPOSAL: Commercial Investment Property. 20 Pentrich Road, Camp's Drift, Pietermaritzburg

    Extent: ± 5 059 m² | Currently tenanted with a Lease expiry in 2026 | Custom built for tenant | Gross annual income : ± R 983 K | Top quality building

    Camps Drift, KwaZulu-Natal


    The property is located in Pentrich Road, Camp's Drift an area that is very popular due to its locality to the city, the airport and major routes entering and leaving the city. In the neighbourhood are well known companies like Hulamin, Clifford Engineering, Global Manufacturing, Matelec, Jacobs Joinery, Standard Yoke and Timber, and Phoenix Cash and Carry DC.

    The property was purpose-built for the current tenants as a specialised laboratory and office facility. It consists of two main building built on either side of the 5,059 sqm site. The front building admin block is single storey, free standing, facebrick under insulated iron. The interior also has a specialised environmentally controlled laboratory component. There are a dozen open visitor and staff parking’s in the front, plus 6 covered parking on the side. A brick paved area offers a relaxation spot for staff. The interior is fully air conditioned, has a strong room, ablutions, kitchen, offices and reception area. This building is ±351m².

    The building at the rear is single storey, freestanding, facebrick under insulated iron. It's size is approximately 434 m², It is completely purpose-built with a specialised environmentally controlled laboratory with a foundation on bedrock to match certain scientific movement specifications. Partitioning in this building is brick and dry wall, it is wholly air conditioned, has suspended ceiling with recessed lighting and vinyl floors. There is a reception area, boardroom, kitchen, ablutions and a staff common room. It offers various open parking bays plus 5 covered bays. It further has under floor drainage, fitted counters and workstations and chemical storeroom.

    The property is landscaped, plus driveways are fully asphalted. The property is secured by an electric fence and has a security hut with remote controlled access. The property has a major backup generator and water storage tanks.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001761
    List price:
    POA
    Address:
    20 Pentrich Road, Camps Drift, Indlovu DC, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    20 October 2022 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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    Alan Martin
                                        In2assets Representative

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