Industrial & Logistics Property News South Africa

Durban industrial property up for auction

An industrial facility in the area of Sea View, Durban, will be on auction on 28 October 2015 at 12pm on-site under the Nexus Property Group auction house.
Durban industrial property up for auction

Located at 84 Umhlatuzana Road, the property extends over 6,602m2 with large yard space and a gross lettable area of 1,449m2 comprising of multiple production areas including storage, offices and workshops.

Sea View is situated at the junction of the M4, M7 and R102 - Durban’s main arterial routes, making it the auxiliary industrial area to Congela and Mobeni.

Greg Nafte, director of Nexus Property Group, says that due to its location being approximately 5km inland from the largest and busiest port in Africa, the industrial facility is an attractive prospect to both local and national companies, investors and end-users. The corporate nature of the disposal lends itself to the auction mechanism, ensuring transparency and equal opportunity for all interested purchasers.

In order to register for the auction, a R50,000 refundable deposit and FICA documents will be required. For more information, go to www.nexusproperty.co.za.

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