AUCT-001913 | SOLD

Industrial Property with Sectionalisation Opportunity

13 Hagart Road, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal

Industrial Property with Sectionalisation Opportunity. 13 Hagart Road, Pinetown

Extent: ± 4 245 m² | GBA: ± 1 823 m² | Versatile industrial property | Multiple income-generating units | High potential ROI | Sectionalisation opportunity available | Gross Annual Income : ± R 1 Million


We are proud to present a prime industrial property located at 13 Hagart Road in Pinetown. This property spans over an impressive 4245 square meters and boasts multiple individual units on the site, offering an exciting opportunity for business owners to expand their operations or for investors to reap the benefits of sectionalising and selling them.

The property features approximately 1600 square meters of building area, providing ample space for various industrial uses, and housed in 5 separate units. The hardened yard areas are a standout feature, ensuring that the property can accommodate heavy-duty machinery, equipment, storage and vehicles turning.

Investors, take note of the great investment potential this property offers. The opportunity to sectionalise the units and sell them allows for a high return on investment, making this property an attractive proposition.

The current income generated from this property is around R100K per month, presenting a fantastic opportunity for investors to generate substantial passive income. The property is situated in a prime location, making it easily accessible and highly sought after by tenants.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001913
Final price:
POA
Address:
13 Hagart Road, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
KwaZulu Natal
Auction Date:
25 April 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 25 April 2023 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
lukeh@in2assets.com


Contact Us!



 * I agree to the In2assets Privacy Policy
 Add me to the mailing list & WhatsApp to receive the latest property listings.