In2assets presents an opportunity to acquire a high end modern industrial property, strategically located in the sought-after industrial precinct of Maxmead. This extraordinary property offers a modern industrial building with a GBA of ± 1 904 m² as well as an Exclusive Use Yard Area of 3 136 m². This property is scheduled for auction, offering a rare chance to own a distinguished Industrial property.

Location: The property is situated within the secure Romead Business Park in Maxmead, a suburb of Westmead, which is part of the Westmead Industrial Area in Pinetown, South Africa. Westmead Industrial Area is recognized as a premier industrial hub in the region. Westmead Industrial Area comprises five individual parks: Maxmead, Alexander Park, Surprise Farm, Monte Carlo Industrial, and Mahogany Ridge. It is a well-established and sought-after industrial area, housing various blue-chip companies engaged in manufacturing, distribution & logistics, packaging, and food production.

Property Description: The property offers a Gross Building Area (GBA) of 1904 m² which features A grade office space and high-end warehouse / factory space.

Office Segment: A Grade office spaces are provided, featuring paraplegic ablution facilities, a kitchenette, a boardroom, and offices with aluminium and glass partitioning. The first floor includes an open-plan office area, individual offices, a manager's office, a boardroom, kitchenette, ablution facilities, and a large balcony area.

Warehouse Segment: The warehouse area includes double volume height, multiple caged areas, two storerooms, and a large mezzanine level supported by steel beams. It is serviced by a large undercover loading bay, which offers versatility and could potentially be integrated into the warehouse space. The property enjoys a 160-amp power supply and also offers backup power in the form of a 105 Kva Generator. The facility offers modern security systems with CCTV cameras and biometric systems installed.

Exclusive Use Yard Area. In addition, to its improvements the property has an exclusive use yard area of ± 3 136 m². This yard area is fully paved and could accommodate parking for ± 40 to 50 vehicles. It also allows access for larger vehicles onto the property.

Accessibility: The area boasts five entrances easily accessed from the N3 highway, and it enjoys excellent connectivity to other key routes such as the M1, M13, and N3. The recent upgrade of the Richmond Road off-ramp from the N3 has further enhanced accessibility for large trucks, contributing to the area's popularity as a key industrial node.

Overall, the property offers a blend of A Grade office spaces and industrial facilities, making it suitable for various businesses ranging from manufacturing to distribution and logistics. Its location within the Romead Business Park, coupled with the amenities and accessibility of the Westmead Industrial Area, presents an attractive opportunity for potential investors or businesses looking to establish a presence in the region.