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POA

Industrial Property for Sale in Westmead

1 Ingweni Road, Westmead, Pinetown

19 500 m²

Contact Broker

Rainer Stenzhorn

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Large Track of Land with Multiple Warehouses Business Park & Conservancy Zoning, Durban

Giba Group (Pty) Ltd (In Business Rescue) | Portion 139 of Farm Clifton (+/- 25.2 Ha) & Portion 140 of Farm Clifton (+/- 31.3 Ha) - Total Extent: +/- 56.1 Ha | Can be sub-divided into 3 erven | On N3 Close to Marianhill Tollgate | Various buildings: +/- 19 500 sqm on projected light industrial land

Location:

This property is located along the N3 Highway in the vicinity of Marianhill Tall Plaza , Pinetown, Durban

Access:

Access to the property is either via Henry Penington Road (Richmond Road) towards Marianhill from the N3, or via Stockville Road with direct access from the N3 passing through Mahogany Ridge Industrial Park. The N2, N3, M7 interchanges are all within a radius of 10 KM.

Property Extent:

The property exists of two Individual Erfen measuring

Erf 1 +- 25206 m2 & +- 31322 m2

Combined Extent : +- 56529 m2

Current Improvements:

The property enjoys...

Giba Group (Pty) Ltd (In Business Rescue) | Portion 139 of Farm Clifton (+/- 25.2 Ha) & Portion 140 of Farm Clifton (+/- 31.3 Ha) - Total Extent: +/- 56.1 Ha | Can be sub-divided into 3 erven | On N3 Close to Marianhill Tollgate | Various buildings: +/- 19 500 sqm on projected light industrial land

Location:

This property is located along the N3 Highway in the vicinity of Marianhill Tall Plaza , Pinetown, Durban

Access:

Access to the property is either via Henry Penington Road (Richmond Road) towards Marianhill from the N3, or via Stockville Road with direct access from the N3 passing through Mahogany Ridge Industrial Park. The N2, N3, M7 interchanges are all within a radius of 10 KM.

Property Extent:

The property exists of two Individual Erfen measuring

Erf 1 +- 25206 m2 & +- 31322 m2

Combined Extent : +- 56529 m2

Current Improvements:

The property enjoys various improvements and structures with about 13500 m2 under roof.

(We are in the process of establishing the exact measurement)

Yard Areas:

There are yard areas and open space areas which are freestanding or allocated to a structure measuring approximately 57500 m2

(We are in the process of establishing the exact measurement)

Lease Details:

There are multiple leases in place with local, national and international tenants

(We are in the process of establishing the exact details )

Opportunity:

There are proposed plans in place to expand the business with further improvements of about 15000m2

Tender Terms:

Tender documents are available by contacting In2assets offices

Tender Closing Date: 25 July 2024 11h00

Tender submission:

Tenders to be delivered in a sealed envelope to Strauss Daly, 9th Floor Strauss Daly Building, 41 Richefond Circle, Ridgeside Office Park, Umhlanga

Listing number: P24-114497949, Image number: 1

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Listing number: P24-114497949, Image number: 9

Property Overview

Listing Number

114497949

Type of Property

Industrial Property

Street Address

1 Ingweni Road, Westmead

Listing Date

05 June 2024

Floor Size

19500 m²

Furnished

Optional

Building

Multi Tenanted

No

Other Features

Generator

No

Points of Interest

Contact Broker

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Property for sale by In2assets