Factories upgraded so new owners can move right in
IAN WYLES Auctioneers will be selling two industrial properties in Riverside Industrial, Newcastle, on May 27 at 11am. The live, as well as online, auction will be at The Oyster Box, Umhlanga.
10 Stephenson Street consists of three double-volume industrial factories/ warehouses with offices and staff facilities. They have a gross lettable area of 1 135m², 2 500m² and 1500m² on a site of 1.49 hectares.
9 Edison Street, on 1.79 ha, has two double-volume industrial factories/warehouses with offices and staff facilities with a gross lettable area of 5 331m².
Adequate on-site parking is available at the rear and front of both properties, with fully secured yards and controlled ingress and egress points. The properties are centrally located within the business node of Riverside Industrial, close to amenities, with easy access to the N11.
Both properties are vacant. The owners have invested a substantial sum of money in upgrading the premises so that immediate occupation is available. The properties provide an opportunity to be multi-tenanted or single-tenanted, offering an opportunity for logistic companies, the auction house says.
Viewing is by appointment only. Contact Andrew Giddy at 082 601 9278 or 031 579 4403 or go to www.ianwyles. co.za. | Auctions Writer