AUCT-002038 | On Auction

Frontline Industrial Properties & Office Block

16 Imvubupark Place, Riverhorse Valley, eThekwini Metropolitan Municipality, KwaZulu-Natal

Frontline Industrial Properties & Office Block, 16 Imvubupark Place, Riverhorse Valley

The most visible property in Riverhorse Valley | Two large industrial buildings – both fully tenanted | One sectionalised office block | Huge yard areas | Fantastic access and truck reticulation | Additional ± 6 000 m² of development land

This exceptional property offers a range of features that cater to diverse industrial needs:
• Two Fantastic Warehouses
• Large Platformed and Concreted Yard Areas
• Sectionalized Office Block
Warehouse 1: Offers approximately 5,000m² and ±980m² of A-grade Office Space, this high-end industrial warehouse stands tall at ±12.9m (Apex) and ±10.3m (Eaves). Boasting 49 roller shutter doors, it offers easy vehicular access from 3 sides, with 12 of these doors featuring dock levelers. The warehouse is fully equipped with a sprinkler system and 3 roof-mounted extractor fans.
The entire yard area encompassing the warehouse is fully concreted and secured with steel palisade fencing. Additional facilities include on-site storage for a fuel tank and 2 water tanks..
Warehouse 2: Occupied by Scania Trucking, this ±2,400m² warehouse comes with ±900m² of office space split between the ground and first floor. Finished to high standards, it features IBR sheeting on steel purlins with sisalation underlay. The solid concrete floor accommodates large trucks, including super links, with an average height of ±11 meters. The warehouse boasts 18 roller shutter doors, offering easy access for large trucks. It also includes a workshop pit and a truck wash bay for added convenience.
Sectionalized Office Block: Comprising 9 sectional title offices (Sections 4 to 12), this component of the property forms the northern wing of the building, with 3 sections on each floor. Sections 4, 5 & 6 are situated on the first floor, while sections 7, 8 & 9 are located on the second floor. Presently vacant, these open-plan office spaces feature drywall partitioning, ablution facilities, and kitchens.
Spacious Yard Area: Behind Warehouse 1, there is a large platformed yard, spreading across 6,000m² which offers abundant space for various industrial uses, making it an ideal investment opportunity.
Positioned heart of Durban's premier industrial node, Riverhorse Valley, with Massive Exposure to the Busy N2 Freeway, this exceptional property offers an unrivalled industrial investment opportunity. With a total area of approximately 55,000m², its sheer size and variety make it a unique proposition for large-scale investors seeking a blue-chip property. Being one of the most visible properties in Riverhorse Valley, it is primed for logistics operations. The sectionalized office block presents an opportunity for redevelopment into storage units or individual sales.
With a position that is simply unrivaled, this 55,000m² site is ready to be your next successful venture in Durban's thriving industrial landscape.

Commercial Type:
Industrial Property
Web Reference:
List price:
16 Imvubupark Place, Riverhorse Valley, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
22 August 2023 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in

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

Luke Hearn
                                                         In2assets Representative

Property Agent

Luke Hearn
Show number

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