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R 7 500 000 | factory property for sale in pinetown central

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Property Description

The stand alone double story industrial building comprises of warehousing, offices and ablutions. It allows the purchaser to own prime property in the Pinetown area without the hassle of being in a sectional title environment as well as having no associated levies, which is perfect for any investor. It has great road frontage on Cherry Road with plenty of space for advertising with fantastic visibility. The versatile design of the building, which has a internal and external staircase, allows for separate tenants of both units or for an owner occupier who requires both top and bottom units to be used for one business which needs approximately 1268m2 under roof as well as ample parking and yard space. A potential end user can also occupy one of the units whilst collecting rental from the other unit. Once the lease expires and an end user requires more space for expansion they simply occupy the whole building. The same can be done in a tough economic environment where an end user potentially would like to down size, allowing for rental to be collected whilst still operating your business in the other unit. The majority of these stand alone properties are owner occupied, who have realized large capital growth as a result of current demand and lack of industrial land.


Property Details

Purchase Price R 7 500 000

Building Size1268 m2

Price Per SQMR 5914 m2

Type of PropertyFactory

ZoningIndustrial

Last Updated31 Oct 2022

General Features

Three Phase PowerYes

Property Location

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