1156 m² Industrial space in Pinetown Central

R 7 550 000

Howard Ainsworth

Maxprop-Durban C&I

1156 m² Industrial space in Pinetown Central

R 7 550 000

Floor Area 1156 m²

Sole Mandate / Investment opportunity / Mini Factories for sale in Pinetown

4 Sectional Title units, fully tenanted in established secure Industrial Park. Located close to major routes with easy access to Highways. Tenants are established, and the total PQ of the available units equates to 75% of the total P.Q.(Participation Quota) of the park. Units are well configured with each unit being different in size and presenting each own individual configuration, plus being suitable for a number of tenant options. Units are neat and well maintained, and the park is also well managed. There is 3 phase power and offices are air-conditioned. There is also an opportunity to build up another floor on top of one of the existing units.. The units come with approximately 12 parking bays.

Gross income is +/- R900k p.a.

Total extent of units 1156m2 made up of the following ( 1x 367m2, 1 x 298m2, 1 x 176m2 and 1 x 315m2 ). The park is extremely well positioned with access just off the popular Old Main Road in Pinetown.

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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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1156 m² Industrial space in Pinetown Central

R 7 550 000

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