Investment Property
R7,000,000.00
Pinetown, Highway Areas, Kwazulu Natal
Property Information
| CODE : | PP870 |
| Asking Price : | R7,000,000.00 |
| Ownership : | Freehold |
| Land Size : | 4522m² |
| Building Size : | 1266m² |
| Parking : | Yes |
Description
This property forms part of the Pinetown Industrial Area. It is well positioned with unobstructed visibility onto the N3 Toll Road and with easy access onto the M13 and N3 Toll. There is ample land for redevelopment.
Zoning: Light Industrial
FAR: 1.40
Coverage: 70%
Height: 6 Storys
The face brick OFFICE COMPONENT offers Air Conditioning and each Floor comprises individual offices, Boardrooms, built in safes, tiled men’s/ladies toilets and kitchen areas. There is also an Entertainment area (pine) on the first floor with a built in fridge. The WAREHOUSE COMPONENT is manufactured with brick walls with steel roofing. It has an office, 2 separate Toilets and 2 x Showers. There is also a SECURITY OFFICE which has 1 room with a bath. Parking comprises of 17 open bays and 12 under shade bays.
There is a lease on the property until April 2012 with an annual income of R821,076-00
Please contact us for a copy of the full INVESTMENT PROSPECTUS.
Asking Price excludes VAT
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Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
