3.4 ha Land available in Howick West

R 500 000 Offers from R 350 000

Carol Cherrington

Parkvillage Auctions

3.4 ha Land available in Howick West

R 500 000 Offers from R 350 000

Floor Area 33815 m² Land Area 3.4 ha

OFFERS CLOSE AT 17H00 ON MONDAY 24 AUGUST 2020. Prospectus available on request.

Portion 548 (Portion of Portion 540) of the Farm Allemans Drift No. 950, FT, District of the uMngeni Local Municipality, Kwa-Zulu Natal Province.

A narrow rectangular shaped portion of vacant land affected by a Pipeline Servitude and an Electric Transmission Power Line Servitudes (E.P.T.L) extending the entire length of the property.

THE MIDLANDS BUSINESS ESTATE:

The subject Portion 548 is located along the Western perimeter of the Midlands Business Estate. With no direct access from a public road or the Estates internal driveway, the subject Portion 548 is accessible only via the bordering Portion 666 and Portion 545 located in the Midlands Business Estate.

The Midlands Business Estate is situated adjacent to N3 (Durban / Johannesburg Highway) with easy access to the N3 via the R103 (Midmar / Howick offramp). The Estate comprises seven (7) freehold stands all measuring in excess of 2 Hectares. Currently four (4) of the stands have been improved with industrial type buildings.

STAND LAYOUT:

The stand is roughly a narrow rectangle, extending North to South and situated along the Eastern periphery of Portion 666 and Portions 545 of the Farm Allemans Drift No. 950 located in the Midlands Business Park.

The Southern-most end of the stand extends into a roughly square portion of land bordering the N3 Highway.

SERVITUDES:

Extending North to South along the entire length of the stands and traversing the N3 from the Southern most corner of the stand is an Electric Transmission Power Line Servitudes (E.P.T.L) rendering the subject property unusable for any large-scale industrial or high-density development.

Further limiting the development of the subject property is a Sewer and Drain Servitude also running North to South just inside the Eastern perimeter of the property (refer Surveyor General Diagrams SG No.2826/2007 and SG No.1606/2014).

Use: Conduit for an Electric Transmission Power Line.

Zoned: Agricultural Active Open Space

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Carol Cherrington

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3.4 ha Land available in Howick West

R 500 000 Offers from R 350 000

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