Industrial building in bustling Watervalpark
IN2ASSETS will be auctioning an industrial building in Mayville, Watervalpark, on March 23 at 11am at the Mount Edgecombe Country Club.
Numbers 14 and 16 Buro Crescent are made up of two ervens, each consisting of a three-storey building that offers six warehouse units with a combined GBA of about 3 230m².
The ground and first floor in both buildings offer open warehouse space with ablution facilities. The second floor makes up the roof level of the buildings and hosts a warehouse/workshop area in each building. The roof level offers 17 or so parking bays.
All levels of the buildings enjoy vehicular access via two ramps. Each floor can be accessed via a ramp from the side of 14 Buro Crescent and a ramp from the side of 16 Buro Crescent.
The property is partially tenanted and generates a gross annual income of about R 649 000.
It has convenient access to the N3 via Brickfield Road (Felix Dlamini Road) and the M10. The surrounding area consists of mainly commercial and industrial properties. Businesses include SABS, Mall’s Tiles, Skyy Aviation Academy and Toyzone-baby City. The property is close to the busy Brickfield Road/overport commercial and retail hub which enjoys high volumes of vehicular and pedestrian traffic. Musgrave Shopping Centre is nearby, as well as hospitals, dentists, schools, banks, supermarkets, pharmacies, restaurants and public transport. Durban CBD is about 4km to the east.
Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.
For more, contact Muhammad Ali at 0794584256, 031574 7600 or email alim@in2assets.com. |