Extent: ± 2 251 m² | GBA: ± 1 171 m² | Fully tenanted | Gross Annual Income: ± R 1.43 Million
This standalone commercial / Industrial property in Pinetown presents a lucrative investment opportunity within a vibrant commercial hub. Here are the key highlights and advantages of the property:
Strategic Location:
This commercial / industrial property is situated on the corner of Shepstone (Qashana Khuzwayo) Road and Konigkramer Road with the business hub of New Germany. The property fronts onto Shepstone Road which is one of the busiest roads in the Ethekwini Municipal area. Shepstone Road is the main arterial route between Pinetown and the town of Clermont. The property is positioned along the Go! Durban bus service route. New Germany is a well-developed suburb situated within the outer west council node of Durban’s Ethekwini municipality. The suburb is synonymous with heavy and light industries and its one of the most senior industrial trade nodes in South Africa.
Improvements:
This property is improved with a double storey Commercial / Industrial Building. The lower ground floor is accessed via roller shutter door and comprises of an open space workshop area that offers a height of 3.7 metres. The unit offers an office and ablution facilities. The upper-level fronts directly onto Shepstone Road and is made up of an open warehouse area which is presently being used as a retail premises for a vehicle spares store. This level also hosts ablution facilities, kitchenette and a mezzanine level storage area. This unit has an eaves height of ± 4.6 metres and an apex height of ± 7.1 metres.
Yard Area:
The yard area surrounding the building is completely tarred with the rear boundary being fenced with concrete palisade fencing and the side boundary with wire fencing. The yard area at the front of the building accommodates parking for ± 8 vehicles.
Convenient Access:
This suburb is easily accessible from the M13 and M19 Highways which link Durban with Pinetown. This node is popular with business owners as it provides easy access to a customer base in and around Durban. There is also plentiful access to artisan employees who reside in New Germany, Pinetown and Clermont. All modern-day amenities are found in close proximity.