902 m² Industrial space in Cornubia

R 7 735 167

Daryn Smith

Property.CoZa-Umhlanga

Warren Loudon - Sales Manager

Property.CoZa-Umhlanga

902 m² Industrial space in Cornubia

R 7 735 167

2 dbj business park, 5 cornubia boulevard
Can I afford this?
Floor Area 902 m²
Land Area 902 m²

Due to high demand an exclusive industrial development opportunity is under way, located in Tongaat Hulett Developments Cornubia precinct. Cornubia is positioned +/-4 kms from Umhlanga Ridge and connected to main arterial links via the new Cornubia bridge and N2 interchange, the park is currently under construction.

The park is a phased light industrial and warehousing development. Phase 1 construction is expected to commence mid-year 2017 with completion in the first quarter of 2018 post completion of Investecs new Cornubia Retail Centre and the Cornubia / Umhlanga link bridge. Phase 1 comprises of 10 midi units of varying sizes with a total combined sectional title area of 6,468m, remember this is off-plan so we able to adjust demising wall positions to provide more or less area depending on your requirements, this flexibility diminishes as we sell out.

This project is being undertaken by co-development at cost procurement methodology, enabling investors to acquire industrial property at an incredibly low cost with no developer's profit added. The units will all be sold at R8,788/m excluding VAT.

As per our normal co-development procedure, a deposit of 34.2% of the purchase price must be secured by way of a cash deposit or bank guarantee with the 4.2% VAT equity loan to the development company being refundable to purchasers after approximately four months from project commencement.

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Daryn Smith

Daryn

Smith

Warren Loudon - Sales Manager

Warren

Loudon - Sales Manager

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Experience Umhlanga

Upmarket Umhlanga has become the neighbourhood of choice for many who have moved North from more central areas. In Umhlanga you have the beach on your doorstep, along with malls and shopping centres just minutes away. With its top schools, great hospitals, business parks, gated estates, beachfront apartments and coffee shops, Umhlanga is convenience personified. Umhlanga offers a lifestyle for everyone, be it the happily retired, the on-the-go business person or the young and trendy student.

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902 m² Industrial space in Cornubia

R 7 735 167

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