TELKOM-000044 | On Auction

TELKOM PORTFOLIO: Frontline Industrial Building in Mobeni, Durban

20 Grimsby Road, Mobeni, eThekwini Metropolitan Municipality, KwaZulu-Natal

TELKOM PORTFOLIO: Frontline Industrial Building. 20 Grimsby Road, Mobeni Industrial

Site Extent: ± 3 000 m² | GLA: ± 1 855 m² | High Exposure – opposite Taxi Rank | Various primary industrial uses ranging from warehousing, fuel & service stations, light and general industrial to name a few, however with Municipal approvals and consents this property is ideal for either a fast food outlet with drive-thru or even retail.



This property, positioned on the busy Grimsby Road, offers the market with a rare opportunity in this industrial precinct. The property has various primary Industrial uses ranging from warehousing, fuel & service stations, light and general industrial to name a few, however with Municipal approvals and consents this property is ideal for either a fast food outlet with drive thru or even retail. The property has excellent exposure to both the vehicular and pedestrian traffic due ton the taxi rank across the road. The property could be a prime end-user facility or a lucrative industrial investment opportunity.

The double storey building on site is currently occupied by the Post Office and has always for a number of years.

There are 12 parking bays at the front of the post office with additional parking at the rear of the property. There are various access entrances into the property as well as 3 staircases to the upper floor.

The improvements on site features all the necessary facilities for a post office such as the customer waiting area, the tellers and counters, vaults and open plan and individual offices, majority of which are drywall/wooden partitions. It further comprises of the post office depot area, private post box areas, server rooms, store rooms, staff canteen area, staff change rooms, kitchen and ablution facilities.

Majority of the offices and other sections within the post office have air-conditioners, however neither the seller not In2Assets can confirm if they are in working order.

The roof of the property is slabbed, with potential to increase the height however all necessary approvals must be obtained from the Municipality.

It should be noted that all movable items within the property belong to the tenant and are specifically excluded from the sale of the property.

This property boasts a strategic location within one of the country’s key manufacturing and logistic nodes, well-positioned in close proximity to the Port of Durban, major freeways and other major arterial routes.

The property, knowns as the Mobeni Post Office fronts onto Grimsby Road, and is situated west of the arterial South Coast Road in the Mobeni industrial node. The property’s convenient position provides brilliant access to the N2, M4 and the greater South Coast Road precinct. This allows for easy movement in any direction.

The property is well-serviced with roads and rail, and its position allows for easy access and availability of both skilled and unskilled labour.

Developments found here are typically of an industrial, logistics, retails and a manufacturing nature but also include some offices. This node is characterised by industrial and logistics operators. Jacobs and Clairwood are adjacent nodes within 10km of the Port of Durban. Substantial economic players operating from the immediate area include Transmed Shipping, Greif Mobeni, TFG Foschini Manufacturing, Tiger Brands – Tastic Rice Plant, Tiger Brands – Beacon Plant, Mandos Used Spares, Shave and Gibson Packaging and Security, Plascon and The Kitchen Studio, to name a few.
Public transport including Metro Rail, buses and taxis are located along South Coast Road. All necessary amenities can be found within a 5km radius.

Commercial Type:
Commercial Building
Web Reference:
TELKOM-000044
List price:
0
Address:
20 Grimsby Road, Mobeni, eThekwini Metropolitan Municipality, KwaZulu-Natal
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

Bidding opens in


Auction Date: 22 August 2023 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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