Industrial property in premier node

IN2ASSETS will be auctioning an industrial property and office block in Riverhorse Valley on August 22 at 11am at The Mount Edgecombe Country Club.

The property, 16 Imvubupark Place, has a site area of roughly 50 000m² and is the most visible property in Riverhorse Valley, which is situated in the heart of Durban's premier industrial node. It is conveniently located close to all amenities and several major arterial routes.

This property offers a range of features that cater to diverse industrial needs and comprises:

◆ Two warehouses

◆ Large platformed and concreted yard areas

◆ Sectionalised office block

Warehouse 1 offers approximately 5 000m² and ±980m² of A-grade office space. This high-end industrial warehouse stands tall at ±12.9m (apex) and ±10.3m (eaves). It has 49 roller shutter doors and offers easy vehicular access from three sides, with 12 of these doors featuring dock levellers. The warehouse is fully equipped with a sprinkler system and three roofmounted extractor fans.

The yard area encompassing the warehouse is fully concreted and secured with steel palisade fencing. Additional facilities include on-site storage for a fuel tank and two water tanks.

Warehouse 2 is currently occupied by Scania Trucking. This ±2 400m² warehouse comes with ±900m² of office space split between the ground and first floor. The solid concrete floor accommodates large trucks, including super links, with an average height of ±11 metres.

The warehouse boasts 18 roller shutter doors, offering easy access for large trucks.

It also includes a workshop pit and a truck wash bay.

The office block comprises nine sectional title offices with three sections on each floor. Presently vacant, these open-plan office spaces feature drywall partitioning, ablution facilities and kitchens.

There is also a spacious yard area behind warehouse 1.

There is a large platformed yard, spreading across ±6 000m² which offers space for various industrial uses, making it an ideal investment opportunity.

Viewing is by appointment only. For more information, please contact Luke Hearn on 071 351 8138 or 031 574 7600 or email lukeh@in2assets.com.