AUCT-002318 | On Auction

5-Storey Industrial Facility in Clairwood

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19 September 2024 | 11:00:00 am

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    2024-09-19 11:00:00
    5-Storey Industrial Facility in Clairwood

    5-Storey Industrial Facility in Clairwood. 146 -152 Archary Road, Clairwood, Durban

    Extent: ± 3 339 m² | Multilevel warehouse / workshop areas | Serviced by a 2100 kg goods hoist | Partly Tenanted: Gross Monthly Income: ± R1.06 Million| ± 30 Parking bays | 400 Amp power supply | Zoned Noxious Industry

    Clairwood, KwaZulu-Natal


    This unique industrial property comprising of multi-level warehousing presents a lucrative investment or end-user opportunity within a prominent industrial node. Here are the key highlights and advantages of the property:

    Strategic Location:
    This industrial property, located at 146-152 Archary Road in Clairwood, is positioned in a strategically advantageous area. Archary Road features a blend of industrial and commercial properties, providing convenient access to key amenities and transportation links. Clairwood is situated in southern Durban, approximately 10 km from the Durban CBD, and is recognized for its historical and cultural diversity. Recent years have seen significant redevelopment and infrastructure investment in the area. Clairwood benefits from its proximity to the Durban Port, enhancing its strategic importance.

    Convenient Access:
    Clairwood boasts excellent connectivity to major routes and transportation options, facilitating easy access from various parts of Durban. The property is conveniently accessible via the M7 (Edwin Swales Drive), which connects to the M4 Main Road and the N2 National Freeway. Archary Road is particularly well-situated, with the M7 just 150 meters to the north of the property.

    Improvements:
    The property features a well-positioned 5-storey industrial building. Each floor offers open warehouse space with heights of approximately 4.5 meters and includes mezzanine levels that can be used as offices or for changing rooms/ablutions. The upper floors are serviced by a 2100 kg goods hoist. The building also includes a builtin shaft on the east side of the building for an additional goods hoist, The ground floor includes an attached guardhouse with ablution facilities.
    The property is securely fenced on all sides with electric fencing.

    Tenancy:
    The property presently generates a total gross monthly income of ± R87 000.00. A large portion of the ground floor is presently occupied by a supermarket providing approximately R60,000 per month in rental revenue. Additional income of ± R 27 000.00 per month is received from 2 Cell phone Towers located on the roof of the building.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002318
    List price:
    POA
    Address:
    146 -152 Archary Road, Clairwood, eThekwini Metropolitan 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

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    Muhammad Ali
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    Muhammad Ali

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