AUCT-002111 | On Auction

Industrial Property in Germiston

76 Kraft Road, Henville, Ekurhuleni Metropolitan Municipality, Gauteng

IN LIQUIDATION: Industrial Property in Germiston. 76 Kraft Road, Henville, Elandsfontein, Gauteng

FMG Properties (Pty) Ltd (In Liquidation) | Master's Reference No.: G000009/2023 | Site Extent: ± 37 041 m² | Zoning: Industrial 1 | Easy access to N12 and R24 highways | Large power supply | Manufacturing/Storage/Warehousing facilities | Gross Annual Income: ± R4.5 Million


On a micro level this property is located at 76 Kraft Road. The property can be accessed off both Kraft Road and Gerhardus Road - the property boundaries are located between these roads. The property is located close to all amenities required for this type of accommodation.

This location enjoys easy access to the N12 National Highway via Kraft Road.

These three adjoining properties with a combined site extent of ± 37 041 m² are improved with various industrial buildings offering various accommodation including workshops, warehousing, self-storage units, manufacturing space, offices, and a large open space on the western side of the erf. These buildings vary between single volume, double volume, single storey and double storey buildings. They can be summarized as follows:

Building 1:
This building comprises a double storey office building. The ground floor offers a reception area, offices as well as covered parking. The first floor offers office accommodation.

Building 2, 3 and 6:
These buildings comprise two similar face brick buildings with a saw tooth roof with large windows to allow for natural light entering these buildings. The floors comprise smooth concrete. These buildings are currently vacant and can be utilized for manufacturing or warehouse accommodation.

Building 4:
This building is similar to buildings 2 and 3 but is slightly smaller and comprises of marley tile floor coverings.

Building 5:
This building comprises a large face brick building that can be split into smaller workshop areas. A section of this building is fitted with asbestos suspended ceiling panels.

Building 7:
This is a part double storey face brick building. It offers workshop, warehouse and office accommodation. A section of this building is currently being renovated by one of the tenants. The first floor could not be accessed.

Building 8:
This is a large building offering multiple self-storage units. It comprises a large building with a saw tooth roof with windows to allow for natural lighting. This building is fitted with asbestos suspended ceiling panels.

Building 9:
This building is similar to building 8 but is smaller in extent and no asbestos ceiling panels are fitted in this building. It also offers multiple self-storage units.

Building 10:
This is a large face brick building with a saw tooth roof. It comprises a smooth concrete floor. It offers a mezzanine that is utilized for storage space on top and workshops on the ground floor.

Building 11:
This is a large rectangular building with a saw tooth roof. It offers office accommodation on the eastern side of the building and the rest of the building offers multiple storage units.

Building 12:
This is an L-shaped building with a pitched roof, offering bathrooms and workshop accommodation. This building can be accessed from Gerhardus Road through the large open space.

Building 13 and 14:
These buildings are adjoined to building 11 with small passages and offer similar self-storage units. Building 13 is a large square shaped building and building 14 is a rectangular shaped building.

Large open space 15:
The large open space is located in the western corner of Portion 295 of The Farm Rietfontein 63 IR. It measures approximately 7 800m² according to Google Earth Imagery. It is currently used as parking space for a transport company.

As per our on-site measurements, the Gross Building Area measures approximately 22 888 m², broken up as follows.

• Building 1 ± 981 m²
• Building 2 ± 1 601 m²
• Building 3 ± 1 567 m²
• Building 4 ± 728 m²
• Building 5 ± 1 774 m²
• Building 6 ± 2 090 m²
• Building 7 ± 3 750 m²
• Building 8 ± 3 041 m²
• Building 9 ± 598 m²
• Building 10 ± 1 663 m²
• Building 11 ± 3 614 m²
• Building 12 ± 306 m²
• Building 13 ± 615 m²
• Building 14 ± 560 m²
• Total ± 22 888 m²

• Other site improvements:
• Transformer room ± 44 m² (inclusive of the mezzanine level)
• Carports ± 239 m²
• Lean-to’s ± 141 m²
• Total ± 424 m²

• Note the above extents should be used as a guideline only.

Commercial Type:
Industrial Property
Web Reference:
AUCT-002111
List price:
POA
Address:
76 Kraft Road, Henville, Ekurhuleni Metropolitan Municipality, Gauteng
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
16 November 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: 16 November 2023 11:00:00am


Craig McLachlan
                                                         In2assets Representative

Property Agent


Craig McLachlan
Show number
craig@in2assets.com


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