AUCT-002397 | SOLD

Industrial Property in Utrecht

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    2024-11-21 11:00:00
    Industrial Property in Utrecht

    LIQUIDATION SALE: Industrial Property in Utrecht. 11 Reitz Street, Utrecht, KwaZulu-Natal

    OVAS Services Provider CC (In Liqudation) | Master's Ref. No. D000309/2024 | Extent: ± 5 710 m² | Zoned Light Industry | ± 780 m² Workshop | Potential for further development

    Utrecht, KwaZulu-Natal


    In2assets presents an opportunity to acquire this Light Industrial Property within Utrecht

    Location
    This property is situated on Reitz Street in the Town of Utrecht, nestled at the foothills of the Balele Mountains in the northwestern corner of KwaZulu-Natal. Utrecht is approximately 50 km from Newcastle and around 70 km from both Vryheid and Dundee.

    The surrounding area is a rural town featuring residential and some commercial properties, with extensive tracts of land, located about 4 km from central Utrecht. Utrecht is primarily agricultural and is recognized as the leading wool-producing area in KwaZulu-Natal, as well as a significant region for cattle and mixed farming. The Balele Game Park surrounds the town, offering outdoor activities such as hiking, horseback riding, trout fishing, birdwatching, and water sports.

    Access
    The property is roughly 400 km from Durban and can be reached via exit 194 on the N3 freeway, followed by the P32, N11 (for about 109 km), and the R34.

    Improvements
    The property offers a 780 m² double volume warehouse with an additional covered area of ± 308 m²
    The workshop hosts a double level office block with 3 offices, a kitchen and ablution facilities. in addition the property also offers a separate non-permanent structure which accommodates staff change rooms.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002397
    Final price:
    POA
    Address:
    11 Reitz Street, Utrecht, Amajuba District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    21 November 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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    Property Agent
    Muhammad Ali
                                        In2assets Representative

    Muhammad Ali

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    alim@in2assets.com

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