Sunday Tribune

Tenanted industrial space being offered 2 of many homes for sale

- WRITER AUCTIONS WRITER

IN2ASSETS property specialist­s are auctioning a prime A-grade industrial unit in Cornubia Business Park on April 25 at 11am at The Mount Edgecombe Country Club.

Situated at 21 Crassula Road within the Cornubia Industrial and Business Estate, the A-grade industrial unit is a coveted investment opportunit­y in a thriving business hub. The estate's strategic location offers easy access to major roads and freeways, making it a preferred choice for national and internatio­nal brands.

The industrial unit, part of the sectional title complex known as Cornubia Wave, enjoys several key features:

Prime location: It is surrounded by well-known brands and amenities, with the Cornubia Mall, Gateway and umhlanga in proximity.

Flexible design: The unit offers a flexible factory/warehouse design with ample height, loading facilities, roller door access points, offices and ablutions. Lettable space: Occupying about 6 440m² of lettable space, including a concrete mezzanine structure of about 1 210m², the unit is designed for optimal functional­ity and efficiency. Secure and well-equipped: The property features manned security, turnstile access control, ample parking and, racking for storage, and easy truck reticulati­on ensure a secure and wellequipp­ed industrial environmen­t. Occupation: The property is leased until January 2027, with an annual rental income of about R7.7 million. The option of early lease terminatio­n

in the contract offers flexibilit­y for potential end-user buyers.

"This A-grade industrial unit represents a compelling investment opportunit­y with a long-term national tenant in place," says Rainer Stenzhorn at In2assets.

IAN Wyles Auctioneer­s is hosting a multiprope­rty auction on April 24 at 11am.

One of the residentia­l properties going under the hammer is the power of attorney sale of 257 Heathery Lane, Prince’s Grant, on the KZN North Coast.

It enjoys all the amenities that the Prince’s Grant Golf Estate has to offer and there are plenty of other amenities nearby.

The property comprises:

Main residence, upper level:

Fitted kitchen

Lounge with access to the grassed courtyard and tiled covered seafacing

Veranda

Dining room with access to seafacing verandah

1 x bathroom

Lower level:

2 x bedrooms (en-suite) both with access to covered sea-facing verandah

Additional features:

Built-in braai

180° sea views

There are two additional outbuildin­gs, the first being a double-storey unit, on road level, featuring a single lock-up garage on ground level and bachelor unit with en-suite upstairs, and the second, single lock up garage

Open bay parking for a golf cart. Viewing is by appointmen­t only. For more informatio­n on the property, please contact Craig Wood at Viewings are available by appointmen­t 083 799 4403 or 031 579 4403 or visit only. For more informatio­n or to schedule www.ianwyles.co.za. a viewing, contact Rainer Stenzhorn at Another property is at 37 St Augustines 082 321 1135 or 031 574 7600, or email Road, Escombe, Queensburg­h. rstenzhorn@in2assets.com. | AUCTIONS It is close to all amenities and

comprises:

Fully fitted kitchen

Spacious lounge and dining room

Four bedrooms (two en-suite) Guest toilet

Veranda and large patio

Garden

Carport for two vehicles

Fully fenced with remote-controlled

gate and intercom

Viewing is by appointmen­t only. For more informatio­n on the property, please contact Nawaz Chinnilall at 084 333 6752 or 031 579 4403 or visit www.ianwyles.co.za.

The auctions will be held live, and online via ZOOM, at The Oyster Box, umhlanga. |

 ?? ?? PRIME A-grade industrial unit in the Cornubia Business Park is going on the hammer this week.
PRIME A-grade industrial unit in the Cornubia Business Park is going on the hammer this week.
 ?? ?? PRINCE’S Grant property is to be auctioned.
PRINCE’S Grant property is to be auctioned.
 ?? ?? THE Escombe property up for auction.
THE Escombe property up for auction.

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