AUCT-001269 | On Auction

Secure Industrial Property in Mahogany Ridge

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    2020-07-22 11:00:00
    Secure Industrial Property in Mahogany Ridge

    Secure Industrial Property in Mahogany Ridge. 12 Ficus Place, Mahogany Ridge, Pinetown

    Extent: ± 12 755 m² | GBA: ± 3 324 m² | Strategic location near N3 | Large yard areas | Brilliant access for trucks | High power supply | Vacant occupation

    Mahogany Ridge, KwaZulu Natal


    LOCALITY

    This prominent property is ideally located in the sought-after industrial hub of Mahogany Ridge, bordering
    Westmead, which forms part of Pinetown. The property lies at the end of Ficus Place, which is accessed directly
    off Goodwood Road. The property enjoys very good access to the N3 and other arterial roads which lead into other prime Pinetown industrial nodes.

    The Mahogany Ridge Industrial Park is a prime hub due to its strategic location between Durban and
    Pietermaritzburg. The area has experienced burgeoning growth and is an established, key industrial node. The
    surrounding area is characterised by distribution, manufacturing, and logistics companies. Ease of access to freeways is a great asset to this property. The area borders the N3 Highway, leading to Gauteng, the M13 towards Kloof and the M19 towards the Durban CBD.

    PRIMARY USE

    This prime industrial property is located in the highly sought-after industrial area of Mahogany Ridge. The
    property is 12 755 m² in extent and currently boasts roughly 3 324 m² under roof.

    The property consists of a large warehouse with 19 loading docks around the warehouse. All loading docks
    have roller shutter doors. Internally the warehouse has a chemical storage room, compound room and shot
    blast room. The warehouse also boasts an ample power supply. The warehouse provides access for trucks on
    every side and is also accessed directly from the offices. Large glass windows allow admin staff to look directly
    into the warehouse.

    The office component is double storey with the ground floor consisting of 2 reception areas, an executive
    boardroom with bar area, a configuration of individual and open plan offices, kitchenette, canteen area, 2
    store rooms and 2 sets of ablution facilities for both males and females. The first floor is made up of a configuration of offices open plan areas, storerooms and a boardroom. There is also a kitchenette and ablution facilities located on the first floor.

    Further improvements to the property include a double storey building which is primarily for the purpose of
    receiving goods and storage. The ground floor is mainly used for the purpose of storage with first floor
    consisting of ablutions, change rooms and a canteen area for workshop staff.

    The yard areas of the property are large and are made of hardened concrete which allows for easy truck
    reticulation. The yard is ideal for the parking of trucks and storage of containers. The property is well secured
    with electric fencing on 2 of its boundaries. There are total of 31 parking bays on site, 7 of these bays are under a shade cloth carport. The warehouse is fitted with 3 X 5-ton Gantry Cranes. These gantry cranes are not directly included into the sale but can be negotiated into the deal. This property has been very well maintained and is in particularly
    good condition.

    The property has a diesel pump installed onsite and would suit a logistics business as there is ample room for trucks and the warehouse is very well accessed. The current high-power supply would also suit a manufacturing setup. The property is versatile in its potential and offers additional bulk to extend the warehouse. As per the Title Deed and SG Diagram the property is subject to an Electric Power Line Servitude.

    To participate in this online auction, visit https://auctions.in2assets.co.za/ from your desktop PC or download the In2assets App from the Google Play Store or App Store.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-001269
    List price:
    POA
    Address:
    12 Ficus Place, Mahogany Ridge, Pinetown, KwaZulu Natal
    Auction Venue:
    Online
    Auction Start Date and Time:
    22 July 2020 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.

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    Property Agent
    Luke Hearn
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    Luke Hearn

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