571 m² Industrial space in Umbilo

POA

Muhammad Ali

In2Assets Properties

571 m² Industrial space in Umbilo

POA

Address: 26 alan paton, sections 5, 6 & 7 ss 302/310 umbilo road
Floor Area 571 m²

Total Extent: +/- 571 sqm | 2 Tenanted units | Gross Annual Income: +/- R 384 000 | 3 Phase power | Easy vehicular access

These 3 Sectional Title Units are situated in the Sectional Title Scheme known as SS 302/310 Umbilo Road. The scheme is situated on the corner of Umbilo Road & Alan Paton Road within the suburb of Congella, which is an industrial node, situated west and approximately 2 kilometres from Durban's Central Business District and close to the Durban Harbour. The units gain vehicular access via Alan Paton Road.

These ground floor units are located alongside each other and have a total GLA of +/- 571 sqm. The units enjoy excellent access to the large driveway which allows for easy loading and unloading. The units have individual sizes of +/- 103 sqm, +/- 193 sqm and +/- 275 sqm. These units are well suited for Light Industrial Uses with a 3-phase power supply. The units can only be accessed via a gated driveway which ensures greater security.

The +/- 275 sqm is unit is owner occupied, while the other 2 units are occupied by 3 tenants and generate a gross annual income of +/- R 384 000.

The property is set on the suburb's northern border and offers easy access to the Durban CBD. Congella is positioned adjacent to the popular Maydon Wharf Industrial node, which is home to the prominent national companies including Portnet. The property is set on the northern side of Umbilo Road, which is a one way route running from the southern region of the harbour to the city centre, whilst Sydney Road runs two roads south and carries traffic away from the city centre.

The immediate neighbourhood consists of older type industrial properties comprising workshops, warehousing, factory, and offices, commercial and retail components. The subject property is well appointed in terms of necessary amenities including Durban Harbour, emergency, medical, education services and transport facilities. The property enjoys excellent exposure to high levels of vehicular and pedestrian traffic.

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571 m² Industrial space in Umbilo

POA

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