AUCT-001249 | SOLD

Versatile ± 76 000 m² Industrial Property Mobeni

Until Our Next Auction
03 June 2020 | 11:00:00 am

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    2020-06-03 11:00:00
    Versatile ± 76 000 m² Industrial Property Mobeni

    Versatile ± 76 000 m² Industrial property. 2096 South Coast Road, Mobeni

    Duly instructed by the Business Rescue Practitioner

    Mobeni, KwaZulu Natal


    Extent: ± 76 650 m² | Floor area under roof: ± 35 981 m² | Versatile potential | Multiple warehouses and large yard areas | Redevelopment opportunity | Strategically located | Good access to the port | Opposite Umlazi Mega City Mall in close proximity to Old Airport Interchange easily accessing all major artertials

    LOCALITY

    The property is located on the south western boundary of the Mobeni West industrial node. It forms part of the greater South Basin Industrial region. Mobeni West is situated south east of South Coast Road and is primarily occupied by larger scale industrial premises geared towards manufacturing.

    The property fronts onto four busy roads, Mangosuthu Highway, Old South Coast Road, South Coast Road and the R102. The property is directly accessed from Old South Coast Road and lies at the foot of the old airport interchange. The properties strategic position is unparalleled providing brilliant access to the N2, M4, R102 and South Coast Road. This allows for easy movement in any direction.

    Public facilities, amenities and public transport are located along South Coast Road. The property also lies adjacent to the Umlazi Mega City. Surrounding areas comprise ‘low-income’ residential accommodation and similar ‘port related’ industrial properties. The South Basin Industrial region has been earmarked for re-development as per the EThekwini Integrated Development Plan.

    PRIMARY USE

    This large industrial property offers a versatile potential to developers and end users alike. The property is ± 76 650 m² in extent and currently comprises an abundance of high-quality improvements and large yard areas, the current gross building area is ± 33 542 m². Some of the improvements include various warehousing components, offices, ablutions, and staff change rooms & canteens.

    The property offers a desirable power supply as well as multiple roller shutter doors for access into the warehouses. The property also offers decent height and has been maintained well.

    The proximity to freeways, arterial routes and accessibility to the port also offers a rare development opportunity.

    To participate in this Durban Live Studio Auction, please download our App from the App Store (iPhone) or Play Store (Android) to bid.

    https://auctions.in2assets.co.za/
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-001249
    Final price:
    POA
    Address:
    2096 South Coast Road, Mobeni, Durban, KwaZulu Natal
    Property Extent:
    ±76650 m2
    Auction Venue:
    In2assets Offices
    Unit 505 Strauss Daly Place
    Durban
    KwaZulu Natal
    Auction Date:
    03 June 2020 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash.

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    Luke Hearn
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    Luke Hearn

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