Return to MASKELL.CO.ZA
Item 1
PRIME ±2806m² (GLA) INDUSTRIAL PROPERTY IN NORTHERN KWAZULU-NATAL
Starting Bid:
R800,000
Timed Auction (Starts in 25d 9h 48m 16s)
PRIME ±2806m² INDUSTRIAL PROPERTY IN NORTHERN KWAZULU-NATAL
PRIME ±2806m² INDUSTRIAL PROPERTY IN NORTHERN KWAZULU-NATAL: An Ideal Opportunity for Investors & Developers.

This is a rare opportunity to acquire a prime industrial property situated in a strategic location in Northern Kwazulu-Natal. With a substantial Gross Leasable Area (GLA) of ±2806m², this industrial property offers a variety of possibilities for investors, developers, and businesses looking to expand or establish themselves in a prime location.

PROPERTY OVERVIEW:
• Total Area: 3 adjoining erven, totalling approximately 9.8 hectares of land
• GLA: ±2806m² spread across several key buildings and facilities

KEY FEATURES INCLUDE:
1. Spacious Office Block: 793 m²: Ideal for administrative operations or management functions;
2. Warehouse (1374 m²): A large, flexible space for storage, production, or distribution operations.
3. Additional Buildings and Facilities: Weighbridge Office: 32 m²; Ablutions and Storage Facilities: 143 m²;
Security Office & Carports: 16 m² & 159 m² / 139 m²;
Substation Building & Storerooms: 107 m² and 8 m²;
4. Development Potential: Approximately 4 hectares available for future expansion, making this site a prime candidate for future development or redevelopment.
5. Security & Infrastructure: The property is fully secured with electric fencing and features a raised platform and concrete yard area, making it ideal for industrial use.

IDEAL FOR:
• Industrial Investors: With a proven location in an industrial zone, this property offers strong rental or operational opportunities.
• Developers: The additional land (approximately 4ha) provides room for expansion, making it perfect for large-scale development projects.
• Businesses Seeking Expansion: The extensive facilities and strategic location make this site ideal for a wide range of industries, from manufacturing and warehousing to logistics and distribution.

HOW TO PARTICIPATE:

To bid in this timed online auction, you must register on the auction platform; A R50,000 buyer's card deposit is required by EFT, and a 15% deposit of the purchase price is due upon the fall of the hammer; FICA documents will need to be provided ;

For further details, or if you have any questions, contact Danielle Hoskins at 082 801 6827 or 033 397 1190.

TERMS & CONDITIONS:
• R50,000 buyer's card deposit payable by EFT;
• 15% deposit on the purchase price due immediately after winning the bid;
• FICA documents required;
• Sale subject to confirmation;
• Automatic staggered ending times: Bidding remains open for 10 additional minutes after the last bid

Note: The property has been extensively vandalized.