AUCT-001284 | SOLD

Industrial Complex with Large Platformed Transport Yard Cato Manor

290-300 Bambanani Street, Cato Manor, Durban, KwaZulu Natal

Industrial Complex with Large Platformed Transport Yard. 290 & 300 Bambanani Street, Cato Manor

Two sites combined Extent: ± 17 066 m²| Prime platformed transport yard of ± 8 820 m² available to end-user| brilliant access to the Port of Durban and the N3 | 102 storage/mini industrial units fully let


LOCALITY

This property is situated in Bambanani Street, off Harry Gwala Road in Cato Manor and boasts a brilliant location between the N3 and the Durban harbour, and is considered an ideal location for those servicing the distribution/logistics industry.

The property enjoys quick access to the national road network, with a direct link via Harry Gwala Road to the N3 corridor at the Pavilion and Spine Road interchanges. The Durban City Centre and the Durban Port to the East is approximately 12km away. The business nodes of Mobeni, Jacobs, Pinetown and New Germany are easily accessible.

Neighbouring properties include the Booth Road West Sasol Petrol Station, and Ayoba Cold Storage, as well as Sumitomo Rubber SA (Pty) Ltd.

The property is conveniently situated on the western periphery of Durban’s central suburbs, and all necessary amenities are offered within a close proximity. The Pavilion Shopping Centre and Westville Hospital are less than a kilometre away.


PRIMARY USE

These two large industrial properties are ideal for businesses in the transport and logistics industry that want to be in a central location and easily accessible from any direction.

The properties present a prominent presence in the area and are in a prime location with quick and easy access to the N2 and N3 Freeways, the Durban Harbour, King Shaka International Airport, the Durban City Centre, and the business/industrial areas of Mobeni, Jacobs, Pinetown and New Germany.

The properties are secure, fully-fenced and gated, with 24-hour security, and offer:
• Erf 3939 Cato Manor – ± 8 246m² - A good mix of industrial, warehouse and office space
• Erf 3940 Cato Manor – ± 8 820m² - Platformed transport yard space

Erf 3939 Cato Manor – Business Park
This tarred site accommodates 102 mini industrial units of roughly 22m² each and an office block.The fully-tenanted units speaks volumes of the high demand for space in this area.

Erf 3940 Cato Manor – Business Park

The transport yard is fully-paved with clay interlocking bricks that can withstand pressure of 150 tons/m².
The yard is rare and in huge demand currently with 4 tenants on month-to-month leases.The transport yard has the following buildings/facilities erected thereon: warehouse, guardhouse, ablution facilities and an open verandah.

To register and attend this auction, please email bid@in2assets.com as attendance is strictly by invite.
Alternatively, bids can be submitted via our online bidding platform https://auctions.in2assets.co.za accessible from both your PC or by downloading the In2assets App from the Google Play Store or App Store.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001284
Final price:
POA
Address:
290-300 Bambanani Street, Cato Manor, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 August 2020 11:00 am



Auctioneer:
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Document are required.

Bidding opens in


Auction Date: 20 August 2020 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
lukeh@in2assets.com


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