AUCT-001974 | On Auction

Industrial Property With Blue Chip Tenant On A Triple Net Lease

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25 July 2023 | 11:00:00 am

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    2023-07-25 11:00:00
    Industrial Property With Blue Chip Tenant On A Triple Net Lease

    Industrial Property With Blue Chip Tenant On A Triple Net Lease, 6 Nicholson Road, Pinetown

    GLA: ± 6 230 m² | Gross Annual Income: ± R2.7 Million | Lease Expiry: August 2031 | Warehouse and factory facility | Single volume and split level warehousing |

    Pinetown, KwaZulu-Natal


    Triple storey administration building | ± 3 000 m² Yard area

    The property is located at 6 Nicholson Road, close to the corner of the M1 (Richmond Road) and the M13 Highway (King Cetswayo Highway). This busy industrial node is situated on the western boundary of the Pinetown Central Business District. Other surrounding industrial areas include Alexander on its northern boundary Max Mead on its southern boundary and Westmead which is on the southern boundary of Max Mead.
    The neighbourhood is well established and comprises a mix of large scale industrial premises, light industrial, showroom and retail properties. Numerous national and blue chip industrial tenants occupy the node. The upmarket residential suburbs of Cowies Hill, Westville and Kloof are in close proximity. The node is fully developed, highly sought after and considered prime industrial area within the eThekweni Municipality.
    Nicholson Road is accessed via the M1, which runs slightly east to connect to Old Main Road (M31) in the Pinetown city centre. Old Main Road provides access to the M13 and N3 Freeways. All modern amenities and public services are located in Pinetown Central.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-001974
    List price:
    POA
    Address:
    6 Nicholson Road, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe Country Club Estate
    Mount Edgecombe
    KwaZulu Natal
    Auction Date:
    25 July 2023 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

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