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Investment Opportunity: Stand alone Industrial/Commercial Building for Sale in New Germany.

R 11,950,000

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Prime Property presents a 1175m2 commercial/ Industrial stand alone property for Sale in New Germany.The property is situated on the corner of Shepstone Road and Konigkramer Road within the business hub in New Germany. The property fronts on Shepstone Road.Great Location. Shepstone Road in New Germany is on one of the main routes of this industrial node. It offers easy access to all other major routes. Fantastic road frontage on Go Durban route.Ideal for all types of end-users. This includes storage and distribution, light manufacturing and similar applications.Great Investment Opportunity of this amazing gem.Fully tenanted. Lease Periods:Ground Floor Tenant 1 - 2022 to 2026.Lower Ground Floor Tenant 2 - 2025 to 2026.Yard Tenant 3 - 2019 to 2029.The unique industrial/commercial stand alone building consists of multi-level warehouse and workshop and retail space and yard presents lucrative investment opportunities for the discerning investor or end-user.Sales Price: R11 950 000.00 ex vatRates:R14,423.47Size Break Down:Main Building Lower Ground Floor Size: 493m2Main Building Ground Floor Size: 476m2Steel and Timber Mezzanine Size: 106m2Concrete Mezzanine Size: 100m2Additional 1350m2 yard space next door.The Property Features:-A double-storey industrial /commercial building.-The lower ground floor is accessed via a roller shutter door and consists of an open plan workshop area. It offers a height of 3.8 meters. It also has an office and ablutions. This portion is presently tenanted by a security company.-The ground floor unit fronts on Shepstone Road. and consist of a warehouse unit that is presently tenanted by a vehicle spares store. The unit is being used as a retail premises. The warehouse unit consists of kitchenette, ablutions, mezzanine level storage area. The unit has an eaves height of 4.6 meters and a height of 7.1 meters to the underside of the roofing sheet. This portion is presently tenanted by the same tenant for the last 9 years.-The yard area surrounding the building is tarred. The rear boundary wall is fenced with concrete palisade fencing and the side boundary with wire fencing.-The yard area at the front and along the side of the building accommodates parking for +/-10 vehicles.-In addition the property offers a further 1350m2 of yard area next door which is presently tenanted by a scrap metal dealer who has been occupying the space for the last 7 years. The structure located in the yard area belongs to the scrap metal tenant and is not part of the sale.-Each unit is serviced via its own entrance and has its own yard space.-The site has an electric fence.-Close to amenities in the area. Contact me today to secure a viewing of this amazing gem.Property Reference #: CPP4185Agent Details:Verashka MaharajPrime PropertyShop 57 on Millennium BoulevardUmhlanga Ridge4321

1mo

Prime Property

Pinetown