AUCT-001770 | On Auction

Smallholding within Industrial Corridor – Camperdown

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

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    2022-10-20 11:00:00
    Smallholding within Industrial Corridor – Camperdown

    Smallholding within industrial corridor. No 18, P500, Umlaas Road, Camperdown, KZN

    Erf Size ± 41 212 m² | GBA ± 799 m²

    Camperdown, KwaZulu-Natal


    Close to the N3 Freeway Umlaas Road is located within the Camperdown/ Mkhambathini Municipality which is becoming one of the most economically strategic areas for production and logistics in KZN. The N3 corridor is connecting Durban and Gauteng and boost some national and international logistic companies. Gauteng as the economic heart of South Africa and Durban which holds the busiest port of Southern Africa, Camperdown is attractively positioned between these two strong economies. Umlaas Road has seen unprecedented growth in the logistics field and other industries and boasts good buying value compared to other areas along the N3. The last 48 months have seen massive investments in the area due to available space and relatively level sites.

    The Mkhambathini Municipality is proactive in promoting development and the recent “un-locking” of agricultural land to Industry in certain areas has unlocked even more potential for growth. Portion 24 of the Farm Poortje no 904 is ± 41 212 m² in size and has just come on the market. It is accessed via a tar road that is only 300m from the R603 road between Umlaas Road and Eston. Distance to the R103 and Umlaas Road is 1,6 kms. It is very gentle sloping site with access from both the R500 and D390 roads. This area between these two roads has recently been un-locked from Agriculture zoning, allowing owners to apply for light industrial zoning which creates huge demand.

    Water on the property is supplied from Umgeni water or from the properties private borehole. Close together on the SE corner of the property is a house, workshop and extensive outbuildings that accommodate staff housing and storage. The residential home is over 336 m² and has recently undergone a complete revamp of new bathrooms, kitchen tiling and painting. A new geyser has been fitted and the swimming pool was resurfaced with a new filter system. An upstairs entertainment room has great views but could be converted to a flatlet. There are three bedrooms and two bathrooms. Lounge and Dining room are spacious. With a separate outside entrance there is a fully laid out salon if one wanted to run a home business there. The house comes with 4 car parking garage.

    40m from the house is a workshop and lock up storeroom. This combined area is ± 233 m². There is good roof height for machinery. Electricity is 3-Phase and there is plentiful parking. The generator there does not form part of the sale and belongs to the current tenant. This property will suite a number of buyers. An end user who wants a nice home, a workshop and space to run horses, cattle or grow crops. It may also suite a business that wants to erect extensive warehousing or park a fleet of trucks. This investment side will remain prime as all indication is that property values will grow exponentially as demand grows.
    Residential Type:
    House
    Web Reference:
    AUCT-001770
    List price:
    POA
    Address:
    No 18, P500 Umlaas Road, Camperdown, 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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