AUCT-002158 | SOLD

2 x Mini Factories in Pinetown

Sections 17 & 18 Cowies Park, 3 Olivier Road, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal

IN LIQUIDATION: 2 x Mini Factories in Pinetown. Sections 17 & 18 SS Cowies Park, 3 Olivier Road, Pinetown

Madmom Properties CC (In Liquidation) | Masters Reference No. N000288/2022 | Extent Section 17: 195 m² | Extent Section 18: 293 m² | Ramp Access to both units | 2 Exclusive Use Parking Bays | P17: ± 40 m² | P18: ± 53 m²

These 2 Sectional Title Units are located within a prominent industrial complex known as Cowies Park. Cowies park is a light to medium-sized industrial complex situated in the heart of New Germany.

The Park is accessed via Olivier Road which lies off Blair Road that links to the M5 (Stapleton Road) just 600 metres North of the Cowies Park. 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 tenants occupy the node.

These 2 sectional title units are situated on the first floor adjacent to each other and currently function as one unit. The combined sections comprise of an open workshop / warehouse area with heights that range from 4.4 to 5.4 meters. The unit also comprises of a change room and ablution facilities with a mezzanine level that can be used for storage.

The unit allows for vehicular access via a ramp that leads to 2 roller shutter doors which have an access height of ± 4 meters. In addition, the unit also offers 2 exclusive use parking area located along the eastern side of the building.

The complex is well secured and offers a fully tarred driveway and large yard areas with ample space for the maneuvering of vehicles.

The neighbouring properties include Philtec, Thekwini Cars, Best Drive, Renault, Toyota, CMH-Nissan and a Caltex service station, to name a few. The complex is positioned in close proximity to one of the most-busiest intersections of Pinetown being the M31 (Josiah Gumede) and M5 (Stapleton Road). Josiah Gumede Road (Old Main Road) passes through the city centre and extends East into the residential township of Cowies Hill. Old Main Road is easily accessed from Stapleton Road (M5), which links directly with the M13. The property is in close proximity to all main arterial routes namely the N3, M13, N2 and M19.

Pinetown central is known as 'Motor Town' due to the large number of motor dealerships along Josiah Gumede Road (Old Main Road) which contributes to the popularity of the area as a commercial and economic growth point.

Commercial Type:
Industrial Property
Web Reference:
Final price:
Sections 17 & 18 Cowies Park, 3 Olivier Road, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
19 March 2024 11:00 am

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: 19 March 2024 11:00:00am

Muhammad Ali
                                                         In2assets Representative

Property Agent

Muhammad Ali
Show number

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