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R11,950,000

Monthly Rates
R14,423.5 Excl. VAT

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

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 vat
Rates:R14,423.47
Size Break Down:
Main Building Lower Ground Floor Size: 493m2
Main Building Ground Floor Size: 476m2
Steel and Timber Mezzanine Size: 106m2
Concrete Mezzanine Size: 100m2
Additional 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.

Features

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0
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
1,175m²

New Germany, Pinetown

Pinetown Pinetown is situated between Kloof and Westville. This suburb of Durban has earned quite a reputation in the property market, especially amongst first time buyers since this surburb is nestled at the foot of Field's Hills which forms part of the route in the Annual Comrades Marathon. Although this area is popularly known as Pinetown, Pinetown proper heightens between Caversham, Glen, and Manors. This...
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Disclaimer: While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

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Postage and Petties:
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Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
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Vat 15%
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MONTHLY REPAYMENTS

 

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Monthly Payment

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