1728 m² Industrial space in North Industria

POA

Luke Hearn

In2Assets Properties

1728 m² Industrial space in North Industria

POA

Address: 1 mitre road, section 1, 3 & 5
Floor Area 1728 m²

3 Industrial units | Fully tenanted | Central position in Pinetown | Total GLA: +/- 1 728 sqm | Functional warehouse space | 3 Phase power availability | Ample loading and parking bays | Vehicular access to all units | Gross Annual Income: +/- R1 Million

Locality

This property benefits from a central position in the industrial node of Pinetown. Pinetown is easily accessible from the M13 and M19 and N3 Highways which link Durban with Pinetown. From the M19, the property is accessed via St John's Avenue and Beviss Road. The immediate area comprises a mix of commercial, retail, light industrial, warehousing and factory-type properties.

This node is popular with business owners as it provides easy access to a customer base in and around Durban. There is also plentiful access to artisan employees who reside in New Germany, Pinetown and Clermont. The property is in close proximity to Motor Town, which Pinetown has a reputation for being known as, due to the large number of car dealerships located along Josiah Gumede (Old Main Road). All modern-day amenities such as medical municipal, civil protection and shopping centres are within a 1km radius of the property. The area is fully serviced.

Primary Use

This property presents an excellent multi-tenanted investment opportunity in central Pinetown. The sectional title Scheme, 1 Mitre Road, in Pinetown is a well-established industrial park, with 5 industrial units. The secure complex has three-phase power availability and good height, ample loading facilities and plenty of parking bays.

Section 1

This is a ground floor unit measures +/- 788 sqm. The entrance has direct access into a large reception area with 3 offices. The warehouse offers functional space with a 6 metre height for racking and 7 m to eaves. The unit has staff ablutions and change-rooms, which is accessed from the warehouse area. The unit has 2 roller shutter doors with a yard for loading and off-loading. One of the roller doors opens into an internal garage this area can be opened up to create a bigger warehouse space with access via 2 rollers shutter doors. The office area is air-conditioned comprising of a large reception area and 3 offices, a walk-in lockable safe, store room, kitchen and male and female ablutions. There is plenty of parking available, off-street, as well as secure open and covered parking bays. The unit is secured, with an electric fenced-off perimeter.

Section 3

Section 3 measures +/- 344 sqm. This ground floor unit is located to the rear of building, and has a L-shaped yard with roller shutter door accessed via a ramp. The unit has an aesthetically pleasing, air-conditioned office area comprising of open plan and enclosed office space. The warehouse space is neat, and has good height, albeit with a saw-tooth configuration roof structure.

Section 5

Section 5, measuring +/- 596 sqm, is located adjacent to Section 3. The self-contained unit has a neat warehouse with roller shutter access, office space and ablutions.

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Experience Pinetown

Pinetown, being a very multi-cultural area, attracts different types of people from all walks of life. Having its own CBD, the area offers convenience for those who own or work in businesses in the area. The suburb has great homes, at affordable prices, and good schools that will appeal to families as well. This neighbourhood has a reputation as a "motor town", due to the high number of motor dealerships along the main road. Pinetown offers a slower pace of life than Durban, but is a short 15 minute drive from the bigger city.

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1728 m² Industrial space in North Industria

POA

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