TELKOM-000003 | On Auction

TELKOM PORTFOLIO: Industrial Property In North End

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    2023-08-22 11:00:00
    TELKOM PORTFOLIO: Industrial Property In North End

    TELKOM PORTFOLIO: Industrial Property. 61 Kimberley Road (Opp North End Stadium), North End

    Extent: ± 14 000 m² | Mix of accommodation, ranging from workshops to underground parking and offices, as well as light industrial storage units | Various warehouse/workshop buildings are accessed via roller shutter doors | Ample on-site parking

    East London, Eastern Cape


    This property currently hosts the Telkom Service Centre in East London and consists of various outbuildings and workshops that can be converted into a business park with multiple tenants. Most of the vacant space on the site is hardened yard and usable for parking and potentially further development. The property is located close to the CBN of East London and offers a great opportunity for an industrial and commercial investor. Situated just off Oxford Street in the busy node of North End is the immaculate property of Telkom that will go under the hammer towards the end of August.

    This property was meticulously designed to consider all aspects of an Industrial Park. The buildings consists of face brick walls with asbestos and the entire yard is tarred.

    The entire property is secured by fencing and vibacrete walls with a guard house and boom gate on the entrance.

    There are plenty of roller shutter doors with good height so that the buildings can easily be split into smaller units to lease out as an investment, or one could keep the larger space for a single tenant.

    This property forms part of a national portfolio of Telkom & Gyro Properties. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com to obtain the full listing.
    Commercial Type:
    Industrial Property
    Web Reference:
    TELKOM-000003
    List price:
    0
    Address:
    61 Kimberley Road, East London, Amathole District Municipality, Eastern Cape
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    22 August 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

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