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3425m2 Warehouse For Sale in New Germany
R 30,000,000
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General Details
Location:
Description
Upside Properties is pleased to offer you the details of the subject property listed in New Germany, Durban.
Property Specifications:
A property is up for sale in New Germany, Pinetown, offering an enticing investment opportunity. Situated on Halifax Road, it consists of a warehouse and an office block set on a generous plot measuring 7451 square meters. The warehouse spans 2000 square meters and boasts a 4.2-meter eaves height, 5.2-meter apex height, 2 roller shutter doors, a compact office area, sprinkler system, and 3-phase power with 250 AMPS. Additionally, there's a 2000-square-meter yard space suitable for link trucks. Currently, the warehouse is occupied by arbor fencing, while the three-story office block, covering 1425 square meters, is leased by ADT security. Each unit has its own separate entrance. Together, they generate an annual income of R2,600,000.
New Germany forms part of the western suburbs of Durban. The node is east of Pinetown and accessed via the M19 from Umgeni Road in Durban. The node is known to be heavy industrial as a large supply of power can be found, it is accompanied with moderate rentals. The area is amongst many public transport stops and convenient amenities
Points of interest in relation (in km) to New Germany:
Durban Port - 25.2km
M7 Highway - 4.8km
King Shaka Airport - 39.4km
N3 Highway - 4.0km
Upside Properties specializes in commercial and Industrial property in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
New Germany, Pinetown, Maxmead, Westmead, Mahogany Ridge
Property Reference #: CL2024
Agent Details:
Marinus de Jager
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Property Specifications:
A property is up for sale in New Germany, Pinetown, offering an enticing investment opportunity. Situated on Halifax Road, it consists of a warehouse and an office block set on a generous plot measuring 7451 square meters. The warehouse spans 2000 square meters and boasts a 4.2-meter eaves height, 5.2-meter apex height, 2 roller shutter doors, a compact office area, sprinkler system, and 3-phase power with 250 AMPS. Additionally, there's a 2000-square-meter yard space suitable for link trucks. Currently, the warehouse is occupied by arbor fencing, while the three-story office block, covering 1425 square meters, is leased by ADT security. Each unit has its own separate entrance. Together, they generate an annual income of R2,600,000.
New Germany forms part of the western suburbs of Durban. The node is east of Pinetown and accessed via the M19 from Umgeni Road in Durban. The node is known to be heavy industrial as a large supply of power can be found, it is accompanied with moderate rentals. The area is amongst many public transport stops and convenient amenities
Points of interest in relation (in km) to New Germany:
Durban Port - 25.2km
M7 Highway - 4.8km
King Shaka Airport - 39.4km
N3 Highway - 4.0km
Upside Properties specializes in commercial and Industrial property in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town.
New Germany, Pinetown, Maxmead, Westmead, Mahogany Ridge
Property Reference #: CL2024
Agent Details:
Marinus de Jager
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Id Subtitle 1266199050
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Estimated monthly repaymentR 325,113
Total property loan amountR 30,000,000
Total interestR 48,026,909
Total repaymentR 78,026,909
Interest rate at 11.75% for 20 years *
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Selling for 3+ years
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