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1250 m² Commercial space in Winklespruit

R 35 000 000

Floor Area 1250 m² Land Area 5800 m² Rates R 7950 Levy R 1000

Kingsburgh Industrial Commercial park is adjacent to Dube Trade Port Key Economic Development Zone a few minutes from the Winklespruit Junction with the N2 at the R603. It is 37 km or about 45 minutes from Durban Port.

* The Seller is a VAT registered company and VAT may be due according to Purchaser circumstances

This building was designed for a transport company with a mix of space use:

- Warehouse of 850 sq m with three 6 meter high roller doors

- Offices on two floors of 450 sq m each floor has four offices plus a boardroom/operations room plus bathrooms and kitchen

- Yard space of approximately 4000 sq m

The construction is not quite complete with approximately R1.2M still to be spent on:

- Kitchen and bathroom fittings in the office

- Office tiling

- G Blocks and leveling of the yard space

- Fencing

The Seller has a contractor ready to complete this work to the Purchaser''s spec or will take it off the selling price.

There are 9 sections in the park. Across the road is an established and operating warehoise and construction on the adjacent stand is under way. These are the two ''neighbor'' sites.

The Kingsburgh Commercial-Industrial Park is at the hub of an area that is set to experience phenomenal growth over the next several years. Buyers or tenants will be well placed to capitalize on a planned R11 Billion local expansion program.

This well placed commercial industrial development park is located in the Illovo, Durban South area.

The proximity of the Kingsburgh Commercial-Industrial Park to the adjacent Dube Trade Port development zone gives the site an unparalleled competitive advantage. In the local area, there are limited sites zoned for industrial commercial use and the Kingsburgh Commercial-Industrial Park is the only site of any size within a large geographical area zoned industrial-commercial.

Sites are fully serviced - roads, security, mains, water, electrical, sewer, storm water, and telecoms infrastructure.

Service installations are completed. Electricity 7000 KV for total complex.

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