R 31 000 000 | warehouse property for sale in westmead

Upside Properties is pleased to offer you the details of the subject property listed in Westmead, Durban. Property Specifications: Asking Price R31 000 000 Currently Tenanted until September 2020 with an option to renew for a further 5 years. Net Income at R2,915,000 pa 8% Escalation 650m2 Office Block Large open factory area 1500 Amps of power available Drive-around access for Super links Large yard area Weigh bridge Multiple Gantry Cranes that extend throughout the length of the factory and over the loading areas Westmead forms part of the western suburbs of Durban. The industrial node boundaries many main roads including the N3 to Pietermaritzburg. The area is heavy industrial and includes many logistics companies who find the area to be convenient. The area has a large labour force. Points of interest in relation (in km) to Springfield Park: Durban Port - 25.2km Mariannhill Toll Plaza - 4.0km King Shaka Airport - 46.6km Upside Properties specializes in commercial and Industrial property in the Greater Durban area, however, we have concluded deals in other areas around the country including Johannesburg and Cape Town. New Germany, Pinetown, Maxmead, Westmead, Mahogany Ridge