AUCT-002202 | On Auction

Large Industrial Warehouse or Factory for Sale in Cornubia, Durban

Section 4 SS Cornubia Wave, 21 Crassula Road, Cornubia, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal

A-Grade Industrial Excellence in Cornubia Business Park. Section 4 SS Cornubia Wave, 21 Crassula Road, Cornubia, Durban

GLA: ± 6 442 m² | Gross Annual Income: ± R 7.65 Million | 1 Tenant | End-user opportunity | Option of termination of lease

Property Description:
Positioned in the prestigious Cornubia Business Park, Cornubia Wave stands out with its modern architecture and strategic location. This sectional title unit boasts a height of 8.5m and a combined Gross Lettable Area (GLA) of 6442 m2, featuring 5234 m2 of warehouse space and 1209 m2 of A-grade office and storage on the first floor. Equipped with a robust power supply of 1200 Amps, a recently serviced sprinkler system with pumps and tanks, 4 roller shutter gates for seamless access, and container access for efficient logistics operations, this property is designed for optimal functionality. Additionally, multiple locations on-site can accommodate large UPS, water tanks, and generators, enhancing its self-sustainability. Comfortable working areas, including locker rooms, spacious bathrooms, and entertainment and dining rooms, further enhance the appeal of Cornubia Wave.

Location Advantage:
Positioned north of Durban and in close proximity to the airport and N2 highway, Cornubia Wave enjoys a prime location surrounded by national and international brands. It offers convenient access to retail centers like Cornubia Mall and Gateway Theatre of Shopping, as well as the vibrant Umhlanga New Town Centre.

Parking and Security:
Cornubia Wave prioritizes safety and convenience with 50 open bays for parking and a surrounding electrical fence within a secure, fully enclosed industrial park. A dedicated security guard monitors access from a high-tech booth, while sensitive alarms and CCTV cameras ensure thorough surveillance of the premises. Additionally, a diligent body corporate ensures that the yard, fence, and surrounding roads are maintained to the highest standards.

Tenancy Opportunities:
Currently tenanted to a national tenant, Cornubia Wave presents an excellent opportunity for investors or end-users seeking a high-profile industrial property. Its flexible layout and modern amenities cater to a wide range of business needs, with the current lease agreement offering an option for early termination.

Accessibility and Logistics:
With easy vehicular access via a secure remote-controlled gate and a sensor gate for convenient exit within the property, Cornubia Wave facilitates seamless logistics operations. Its drive-around building design and hardened yard accommodate trucks and delivery vehicles, with the capability for 7 trucks to pass through the loading procedure simultaneously. Additionally, efficient drainage systems ensure a minimal risk of flooding, further enhancing operational efficiency.
Don't miss the chance to secure your business's success in Cornubia Wave. Explore the modern solutions, strategic location, and growth opportunities this industrial property offers. Contact us today for more information and to schedule a viewing.

Commercial Type:
Industrial Property
Web Reference:
List price:
Section 4 SS Cornubia Wave, 21 Crassula Road, Cornubia, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
25 April 2024 11:00 am

Andrew Miller
Auction Terms and Conditions:
R50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in

Auction Date: 25 April 2024 11:00:00am

Rainer Stenzhorn
                                                         In2assets Representative

Property Agent

Rainer Stenzhorn
Show number

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