INDUSTRIAL SITE FOR SALE

R125,000,000.00

Umbogitwini, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4457
Asking Price : R125,000,000.00
Ownership : Freehold
Land Size : 72176m²
Building Size : 64713m²


Description

INFORMATION PACK AVAILABLE ON REQUEST

Southgate Business Park is an estate located in Umbongintwini, 25 minutes from the Durban Harbour and CBD and covers roughly 127 hectares. The estate was established in 2005 and is largely sought after within the Durban Metropolitan area due to its size and proximity to major arterial routes and port activities which are involved in distribution and export.
The estate is zoned for special industry and is home to approximately 350 businesses, amongst them being Toyota and Volvo.

The estate is efficiently managed and maintained through the owners’ association and on-site park management. This includes the prime security which provides access control, double electrified perimeter fence, 24 hour security monitoring and patrols.
The estate produces a safe, clean and interactive working environment through encouraging working relationships between the various businesses and industries.

The property is located centrally within the business park and comprises erven 87, 88, 89, 160 and portion of erf 161 which tallies up a total of 72 176m² .

As provided for in the Business Park, the property has sufficient township services and infrastructure in the likes of electrical, sewerage, water, fire protection and storm water drainage facilities.

In terms of a possible redevelopment opportunity the premises allows for coverage at 70% with a building height of 15m. Should a prospective purchaser look to buy the property in segments, the seller will consider separate sales of the erven if deemed appropriate

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Contact the Agent

Seamus Holmes » +27 82 806 4405
[email protected]

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Please Note 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.

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