Auctions in PROSPECTON

location in South Africa province Kwazulu Natal, Amanzimtoti, Prospecton

R9 999 999 999

Ad ID 135496

Property Description

Extent: 2 679 m | GLA Factory: 1 392 m | Yard area | Short-term leaseThe property is located in a traditional well established industrial area located to the south of Durban, next to the old Durban Airport site. The property is located in Vintner Place on a leveled stand and has easy access to nearby well maintained Tarred roads and the N2 Free way. The property is fully serviced by local and other relevant authorities and is zoned general Industrial. The Factory comprises of a Double Volume Building with three levels of service and administration rooms. The building is fairly new and in a fair condition. Vehicular access to the building is given by two roller shutter doors and a reinforced concrete floor allows for heavy duty machinery. Isipingo forms part of Prospecton in the Durbans South Industrial Basin and is a significant part of the Ethekwini Municipality. Its strategic value and longer term potential for industrial growth is not surprising, as the region contributes some 65% of Durban's contribution to the GDP. Described differently, this area accounts for about 5, 5% of the national GDP. The area is home to Toyota, ACSA, SAB, Nampak, Edcon, GUD, Robertson Spices, Unilever, Massmart, Beier, etc. The nearest amenities and public facilities are in the neighbouring suburb, Amanzimtoti. Situated within a 2km radius is the Kingsway Hospital, Amanzimtoti Primary School, The Village Mall and Old Mutual Centre. Directly South of Southgate and running along the N2 is the new proposed and currently under construction 'Arbour Villiage', which is a proposed retail, office and light Industrial Park.To participate in this physical or online auction each bidder has to follow registration procedures which can be obtained by downloading our auction rules.




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