Opening Bid
R4,800,000

Investment

LOT 258

9 Promed Road, Willowton

  • GLA
    1,160m2
  • Occupancy
    80%
  • No. of Buildings
    8

Online Auction
27 Jan 2022 - 27 Jan 2022

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

Situated within Willowton, Pietermaritzburg, the area features Blue Chip neighbours such as Albany, Golden Cloud, Unilever and Meadow Feeds.

This industrial park will suit investment buyers looking for a good rental income with the maintenance costs of the property kept low due to the design & structure.

The 8 Individual double volume mini-units are constructed with a face brick feature, steel frame construction which includes IBR sheet roof and cladding.

The industrial park features small truck access with an articular flow of traffic. Current tenants are within the motor industry on a monthly basis, however, a longer term lease can be concluded should the new landlord desire.

Ease of access onto the N3 Highway North and South bound.


VIEWINGS: Contact Daniel Martins (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 6% ex VAT

NOTE:

Please note the following will be required to register to bid:






DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.

Legal Documents

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Contact

 

Daniel Martins
[email protected]
BidStream
071 971 8077
Send Message

Aiden Van Dyk
[email protected]
BidStream
071 684 2814
Send Message

   

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