AUCT-002233 | On Auction

Prime Location: 7 x Industrial Units ± 2km from The Durban Port

390-394 Bluff Road, Bluff, eThekwini Metropolitan Municipality, KwaZulu-Natal

Prime Location: 7 x Industrial Units ± 2km from The Durban Port. 390-394 Bluff Road, Bluff

Site Extent: ± 12 730 m² | GLA: ± 5 245 m² | Yard Area: ± 2 216 m² | Gross Annual Income: ± R3.37 Million (excluding Vat) | Remaining Lease Periods: 3 to 5 years | 1 x Newly refurbished unit vacant ( ± 1 756 m²) with yard and excellent height: ± 8 m | Potential Fully Let - Gross Annual Income: ± R5 Million | Power Supply – Varies from 100 Amps to 200 Amps | Workshops, offices, staff facilities, 4 x driveways plus ample road frontage parking


390-394 Bluff Road, Bluff, offers an exceptional industrial property located just 2 kilometres from Durban Port. This prime positioning ensures easy access to key industrial hubs and transport routes, making it an ideal choice for businesses seeking proximity to major logistics centres. The site spans approximately 12 730 m², featuring a Gross Lettable Area (GLA) of around 5 255 m² and a yard area of 2 216 m².

The property is a versatile complex comprising various industrial and commercial units. These include spacious warehouses, functional workshops, offices, and a retail unit, all of which are complemented by ample yard areas to facilitate operational efficiency. There are 2 staff blocks available on site.

The entire property is well-serviced by 4 driveways, ensuring easy access for deliveries and clients. The property offers ample parking facilities, adding to the convenience for employees and visitors alike.

One refurbished unit of approximately 1 506 m² plus yard of 260 m² is currently vacant, offering excellent height (± 8 meters) and yard space, making it available for immediate occupation. It should be noted that the roof of one of the warehouses occupied by an anchor tenant was replaced in 2023.

The power supply varies between 100 AMPS and 200 AMPS amongst each of the facilities, accommodating for diverse operational needs.

One of the standout features of this property is its excellent exposure on Bluff Road. This high visibility is perfect for businesses looking to enhance their branding and marketing efforts. The potential for prominent signage and branding will undoubtedly attract attention and drive business growth.

Fire extinguishers and fire hoses are positioned at convenient points throughout the property.
The opportunity exists to sectionalise the entire property, allowing for flexible ownership and leasing arrangements. This potential for subdivision makes it an attractive option for investors looking to maximize the utility and profitability of the space.

It should be noted that the various fuel tanks, storage tanks, water tanks, generators, stock, equipment, machinery, shelving, alarm systems, CCTV cameras, bio-metric access systems, vehicles and all other movable assets within the property do not form part of the sale and are specifically excluded from the sale of the property

This prime property is strategically located approximately 300 meters from the Durban Container Park, providing excellent logistical advantages for businesses that require efficient access to shipping and transport services. Additionally, it is in close proximity to the Clairwood and Jacobs Industrial Parks, positioning it as an ideal hub for industrial and commercial activities.

The property can be accessed via 4 entrances off Bluff Road and Doon Road.

It is situated in close proximity to all essential public facilities and amenities offered by the greater Bluff area. Notable nearby amenities include The Bluff Mall and The Bluff Shopping Centre, both of which are within a short driving distance.

Transportation and accessibility are further enhanced by the property's convenient access to the Metro Route (M7). This route connects directly with Solomon Mahlangu (Edwin Swales VC) Drive, facilitating quick access to the Jacobs Industrial Node and providing a direct route north to Durban’s Central Business District. Additionally, the M4 is easily accessible via Solomon Mahlangu Drive, offering further connectivity options for efficient travel throughout the region.

Commercial Type:
Industrial Property
Web Reference:
AUCT-002233
List price:
POA
Address:
390-394 Bluff Road, Bluff, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
20 June 2024 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: 20 June 2024 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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