Opening Bid
R4,600,000

Land

LOT 275

Erf 962, Kingsburgh, Durban South

  • GLA
    4,831m2

Online Auction
28 Oct 2021 - 28 Oct 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

The site is located adjacent to extensive residential zones and will be central to the planned R11 Billion Dube Trade Port development; driven by the national government and local auto manufacturers

Ideal location less than a kilometer from the Kingsburgh interchange on the N2 freeway. This allows ready access to the site from the N2, making it well located to provide services to areas both to the North and South, as well as inland locations along the R603 arterial route.

Services: Sites are sold as fully serviced - roads, security, mains water, electrical, sewer, storm water and telecoms' infrastructure.
Total Development Size: 70,000 m2

Available Vacant Sites:

- Site 1 - 6 830 m2 - The site is situated directly adjacent to the site entrance.
- Site 3 - 4 831 m2 - Includes design and planning permission for 4 x warehouse/factory units.



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.

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Contact

 

Daniel Martins
[email protected]
BidStream
071 971 8077
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