260 000m2 Prime Industrial Land For Sale

R 95,000,000

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General Details
For Sale By:Agency
Description
For Sale: 260,000m2 Prime Industrial Land
Discover this exceptional opportunity to acquire prime industrial land spanning 260,000m2. Nestled within a secure 24-hour industrial park, this property offers seamless access to the N2 Freeway. Security is paramount, with the entire site encompassed by pre-stressed concrete walls and electric fencing, complemented by a highly efficient boomed access control system.
The site boasts an advantageous feature - an abundant and uninterrupted 3-phase electrical supply. The precise cost details of this electrical supply can be obtained directly from the Nelson Mandela Bay Municipality (NMBM).
This expansive land is thoughtfully subdivided into smaller parcels, starting from 2,500m2 and larger. Each square meter within this sought-after location is priced at R500, excluding value-added tax (VAT). As a valuable addition, bulk services are readily accessible on-site, providing a seamless experience for industrial developers.
This offering caters to a diverse range of investors - from those interested in acquiring the entire 260,000 square meters for comprehensive industrial development to smaller-scale developers and owner-users seeking to establish their own warehousing facilities.
Please note price excludes VAT

Property Reference #: 7002001-40829

Agent Details:
Ian Knott
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274216607
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Estimated monthly repaymentR 1,029,522
Total property loan amountR 95,000,000
Total interestR 152,085,211
Total repaymentR 247,085,211
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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