Date: 03/04/2018         Negotiable     Agricultural     Commercial

Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal

Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal

Private Treaty Sale of an Industrial Development Site Over 3 Portions Within Illovo, Kwazulu Natal

IMMEDIATELY AVAILABLE FOR NEGOTIATION – ACCEPTING OFFERS NOW!!!

Duly instructed by the owner
Private treaty sale of an Industrial development site over 3 portions within Illovo, Kwazulu Natal. Boasting a combined extent of over ±5Ha.

General description:
Featuring an industrial development site over 3 portions and measuring a combined total of ±5.7Ha.

Portion 4 - Consists of an office block, veranda, substation building, warehouse & extension (±432m²), old workshop and a recently constructed warehouse.
Portion 9 - Consists of an office block, walkway, processing plant, workshop, guard house and generator room. 56 x storage units (±1260m²) and the Amino factory (±500m²) have been constructed fairly recently. A further 28 x storage units (±630m²) and the new Amino factory (±630m²) are in the process of being constructed.
Portion 10 - Consists of an office block, storage units, ablution block, mini factory units & a newly completed industrial building. This building accommodates a mix of mini factory units, a craft beer brewery, coffee shop and indoor sports arena, complimented by an outdoor seating area.

Locality:
Situated along the Old Main and Dipping Tank Roads. Located approximately 31km from Durban Central Business District and the (R603) Umbumbulu Road. It has convenient access from the (N2) National Freeway and within close proximity to the Illovo River.

Executive summary:
Portions 4, 9 & 10 of the Farm Illovo, No.16946, Reg Div: ET, Kwazulu Natal
“Illovo Business Park”, Old Main/ Dipping Tank Roads, Illovo, Amanzimtoti
Extent: 5.7469 ha (combined total of the 3 portions)

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Notice to purchasers:
Buyers premium: 5% 
Deposit of 10% and 5% buyer’s premium (plus VAT) upon acceptance of the sale, balance of the purchase price on registration of transfer
15% VAT is applicable to the buyer’s premium only and purchase price may be subject to transfer duty
VAT/Tax: 15%
Inspection details: Strictly by appointment.

Additional notes:
This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

Auctioneer Details

GoIndustry DoveBid Logo
GoIndustry DoveBid

Request more information about this sale

http://www.rootx.co.za/auctions_show.php?showid=11473#alist mailto:tanya@sideffects.co.za?Subject=Hi. I would like to convert my surplus Plant & Machinery stock into cash