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Property Summary
- This sale is Subject to Confirmation by the parties involved.
- Warehouse of approximately 3939m2
- Extent 23623m2
- Zoning Industrial
- Vatable transaction
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Property description
- This is an excellent investment opportunity.
- The well-exposed, majestic industrial property is approximately 2.3 hectares in extent and comprises a gross building area of approximately 3 939m2 and a large yard area with the added convenience of a helicopter pad.
- Highly visible and with excellent branding exposure, this propery is situated on a level land and provides excellent super-link access and reticulation.
- The property ticks all the boxes in terms of great location close to arterial routes, easy access, large yard and building space, loading facilities, good load bearing floors, height and 300 Amps power supply, easy flow through the building and it is well secured. In addtion, the property has a borehole.
- The yard area is massive and allows for further development potential.
- The propery is fully fence and gated with hardened parking outside the property and a further dedicated gated parking area before entry into the gated main section of the property, where there are 13 provided parking bays.
- The neat and well maintained industrial property is noteworthy for its location, spaciousness and suitability for a wide range of industrial operations including manufacturing and logistics.
- ACCOMMODATION DETAILS:
- Large factory area
- Boiler House
- 1 Reception
- 11 Offices
- 1 Boardroom
- 17 Toilets
- Gate Security Room
- 3 Kitchens
- 2 Shower Rooms
- Outbuildings
- 1 Borehole
- Entire boundry secured with Electric Fencing
- CCTV Camera and Infrared monitering unit, internal, and external of all Buildings
- Alarm system directly linked with security company
- Double gate access
- 5% Deposit as well as a Buyers Commission of 5% plus VAT will be applicable
- Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.
Location
- This large industrial property is situated along Albert Wessels Drive, between the Newcastle CBD and Riverside Industrial area.
- The property is positioned close to the CBD and a short drive to the N11, which is a principal road, linking to the rest of South Africa and one of the main transport routes for goods and services between Gauteng and Kwazulu Natal. The town of Newcastle in Northern Kwazulu Natal, is strategically positioned midway between the cities of Johannesburg and Durban. Due to its central location, the town is used as a regional base for many government departments.
- The N11 runs through the city connecting it south to the N3 to Durban and north to the N4 to Gauteng, and through the provinces of Mpumalanga and Limpopo, and eventually to the border of Groblersburg. The R34 connects Newcastle to Gauteng via the N3 and the Free State to the west, and east to the port of Richards Bay via Vryheid and Empangeni.
- Riverside Industrial is one of the 4 industrial areas found in Newcastle, along with Airport Industrial, Madadeni Industrial Estate and Arcelor Mittal Newcastle Works.
- The Newcastle Airport is approximately 7 minutes drive
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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