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Mixed-Use Industrial Building for Sale/Leasing in Moore Road, Durban.
R 32,000,000
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6 months ago284 views
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General Details
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Description
Prime Property presents a 7733m2 Mixed use Industrial property for Sale and Leasing in Moore Road, Durban.
The Radspec building consists of warehouse units, office space, mini-factories, showroom and workshop space.
An amazing investment opportunity in a high demand area.
Ideally located with great visibility.
The property would be ideal for all types of end-users.
Radspec is situated between Sydney Road, Mutual Lane, and Moore Road, in Durban. Sydney Road is an arterial road feeding from Smith Street in the Durban CBD and Moore Road to the Berea. These routes form linkages to the N3, Victoria Embankment, the Port of Durban, and the M4 North. It is well located.
The subject property comprises five (5) attached buildings set at road level. Parking on the road/roof.
The Sales Price: R32 000 000.00 ex vat
Portions 1 and 2 of Erf: 6185, Erf: 6187, Erf: 6188.
There are units available for leasing. They vary in size, price and specifications. All prices are ex vat, utilities and operating cost.
-Retail: Ground floor(Sydney Road). Size: 355sqm unit at R60m2.
-Ground & First Floor (Corner unit). Size: 576sqm unit at R70m2.
-Warehouse: Ground and First Floor plus goods hoist. 1004sqm unit at R50m2.
-Ground Floor(Moore Road). Size: 507sqm unit at R60m2.
-Ground Floor unit(Corner of Sydney and Mutual Lane). Size: 400sqm unit at R60m2.
The subject property comprises five (5) attached buildings set at road level.
Sufficient parking on the road/roof.
Easy access to public transport.
Contact me today to secure a viewing.
Property Reference #: CPP3528
Agent Details:
Verashka Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
The Radspec building consists of warehouse units, office space, mini-factories, showroom and workshop space.
An amazing investment opportunity in a high demand area.
Ideally located with great visibility.
The property would be ideal for all types of end-users.
Radspec is situated between Sydney Road, Mutual Lane, and Moore Road, in Durban. Sydney Road is an arterial road feeding from Smith Street in the Durban CBD and Moore Road to the Berea. These routes form linkages to the N3, Victoria Embankment, the Port of Durban, and the M4 North. It is well located.
The subject property comprises five (5) attached buildings set at road level. Parking on the road/roof.
The Sales Price: R32 000 000.00 ex vat
Portions 1 and 2 of Erf: 6185, Erf: 6187, Erf: 6188.
There are units available for leasing. They vary in size, price and specifications. All prices are ex vat, utilities and operating cost.
-Retail: Ground floor(Sydney Road). Size: 355sqm unit at R60m2.
-Ground & First Floor (Corner unit). Size: 576sqm unit at R70m2.
-Warehouse: Ground and First Floor plus goods hoist. 1004sqm unit at R50m2.
-Ground Floor(Moore Road). Size: 507sqm unit at R60m2.
-Ground Floor unit(Corner of Sydney and Mutual Lane). Size: 400sqm unit at R60m2.
The subject property comprises five (5) attached buildings set at road level.
Sufficient parking on the road/roof.
Easy access to public transport.
Contact me today to secure a viewing.
Property Reference #: CPP3528
Agent Details:
Verashka Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321
Id Subtitle 1240897841
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Estimated monthly repaymentR 346,787
Total property loan amountR 32,000,000
Total interestR 51,228,703
Total repaymentR 83,228,703
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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Prime Property
Selling for 7+ years
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