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Industrial Park for sale in New Germany, Pinetown

R 11,000,000

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4 months ago80 views
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General Details
Location:
Pinetown, West Suburbs
Description
Discover a prime investment opportunity for sale at 8 Devon Road in New Germany, Pinetown. This fully let industrial park features 8 mini factories, hosting long-standing tenants who've been here for over a decade with secure, lengthy leases in place. The complex is meticulously secured with entrance and exit gates and a fully fenced perimeter. Situated in a prime location within New Germany, 8 Devon Road offers easy access to main arterial routes and the M19 highway, making it an ideal hub for businesses seeking convenience and connectivity.

Located approximately 20 km inland from Durban, Pinetown, which initially began as a small town center, has evolved into a thriving industrial hub situated between Westville and Hillcrest in the western region of the eThekwini district. Spanning an area of 86.15 km2, Pinetown extends from the industrial suburb of Westmead in the west, along Josiah Gumede Road (Old Main Road) to Cowies Hill in the east. Renowned industrial suburbs like Westmead, Marianhill, and New Germany are integral parts of Pinetown, boasting world-class developments, warehouses, office spaces, and manufacturing facilities, attracting leading companies including automotive brands along the Old Main Road. Pinetown offers industrial tenants convenient access to major arterial routes such as the King Cetshwayo Highway, N2, N3, M7, and the M13, facilitating easy transportation via several major taxi routes within the area, thereby enhancing public transport opportunities.

Property Reference #: CL3673

Agent Details:
Courtney Braybrooke
Kingstons Real Estate
103 Boeing Road East
Bedfordview
2007
Northmead
Benoni
1501
Id Subtitle 1309768500
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Estimated monthly repaymentR 119,208
Total property loan amountR 11,000,000
Total interestR 17,609,867
Total repaymentR 28,609,867
Interest rate at 11.75% for 20 years *
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Kingstons Real Estate
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