AUCT-002311 | On Auction

Strategic and Versatile Industrial Space In Howick, KZN Midlands

4 Laurel Crescent, Howick, uMgungundlovu District Municipality, KwaZulu-Natal

Strategic and Versatile Industrial Space In Howick, KZN Midlands. 4 Laurel Crescent, Howick, KZN Midlands

Site Extent: ± 1 360 m² | GBA: ± 863 m² | Potential Gross Annual Income: ± R430K | Sold vacant occupation


Prime, Versatile and High Capacity Industrial Warehouse/factory at 4 Laurel Crescent, Merrivale Industrial, Howick.

Property Features:
Office spaces integrated with the warehouse. Large storage area with high ceilings and easy access for heavy machinery. Reinforced flooring to accommodate industrial equipment, as currently. Warehouses with multiple entry points for efficient operations and one with loading dock facilities.

Location and Accessibility:
The properties are situated in Merrivale, a prime industrial zone in Howick, within a rapidly growing business district, situated in the Natal Midlands. There is easy access to major highways and transportation networks. The excellent road links are just minutes from the N3 Freeway. There are some wide entry and exit points designed for large vehicle access. This is a growing business area with significant commercial activity. The properties are designed for smooth ingress and egress of heavy vehicles. They are surrounded by a mix of successful industrial businesses. There is ample on-site parking with additional space for loading and unloading. The wide driveways and loading areas are designed for big trucks and trailers.

Near Amenities:
The properties are close to essential services such as banks, restaurants, and supply stores all in a short distance to Howick's central business district. The proximity to residential areas, make it convenient for employees. The properties are close to Merrivale’s commercial services such as eateries, hardware suppliers, logistics providers and service stations.

Surrounding areas of the properties:
Merrivale is a vibrant and well-connected industrial area. It is a bustling industrial hub with a mix of established businesses and new developments The area is known for its thriving economy and business-friendly environment being a vibrant and well-connected industrial area. The locale is characterized by a mix of established industries and emerging businesses. The surrounding area is undergoing continuous development, enhancing the appeal for businesses. Merrivale is a well-developed industrial area with a reputation for business growth. Continuous development in the area promises further economic opportunities

The properties potential:
The properties are ideal for manufacturing, distribution, or storage operations. They are suitable for businesses looking for a versatile space with office facilities. They have the potential for conversion into a multi-tenant industrial park. The properties are suitable for companies seeking a ready-to-move-in facility with room for customization and have the potential for subdividing the space for multiple tenants or uses.

Potential Uses:
The properties are ideal for large enterprises seeking a consolidated operational base with potential for redevelopment into a multi-tenant industrial park making it attractive for investors looking to capitalize on Merrivale's growth and industrial demand.

Commercial Type:
Industrial Property
Web Reference:
AUCT-002311
List price:
POA
Address:
4 Laurel Crescent, Howick, uMgungundlovu District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
19 September 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: 19 September 2024 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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