In2assets will be auctioning 13 commercial and investment properties on October 19 at 11 am at the Mount Edgecombe Country Club.
Five Pinetown properties are listed on the auction, including:
A ±6 700m² shopping centre with anchor tenants A5 Cash & Carry and Supabets at 23 Hill Street.
Two side-by-side industrial warehouses at 51 and 53 Alexander Street.
An A-grade commercial property at 1 Crompton Street.
A ± 3 818m² multi-unit, tenanted industrial property at 12 Ivy Road.
Other highlights of the sale are a prominent Umhlanga New Town Centre commercial development site, at 40 Twilight Drive, with a bulk of ± 8 170m², as well as a three-storey, vacant commercial building with a GLA of ± 3 615m² at 62 First Avenue, Umgeni, in Durban’s CBD. “The property market in KZN has seen an upswing of sales of industrial properties,†comments Rainer Stenzhorn from In2assets.
“Some of our recent sales include a ± 2 100m² investment property at 127 Umbilo Road, Congella, sold for R8.5 million, and a ± 4.2 hectare industrial property at 3 Eddie Hagen Drive, Cato Ridge, sold for R 18m. “With the easing of Covid-19 restrictions, investors’ confidence seems to return and we are looking forward to three more months of successful trading in 2021.â€
For more information on any of these properties, contact In2assets at 0861 444 769 or email bid@in2assets.com. Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.
A ±6 700m² shopping centre with anchor tenants A5 Cash & Carry and Supabets at 23 Hill Street.
Two side-by-side industrial warehouses at 51 and 53 Alexander Street.
An A-grade commercial property at 1 Crompton Street.
A ± 3 818m² multi-unit, tenanted industrial property at 12 Ivy Road.
Other highlights of the sale are a prominent Umhlanga New Town Centre commercial development site, at 40 Twilight Drive, with a bulk of ± 8 170m², as well as a three-storey, vacant commercial building with a GLA of ± 3 615m² at 62 First Avenue, Umgeni, in Durban’s CBD. “The property market in KZN has seen an upswing of sales of industrial properties,†comments Rainer Stenzhorn from In2assets.
“Some of our recent sales include a ± 2 100m² investment property at 127 Umbilo Road, Congella, sold for R8.5 million, and a ± 4.2 hectare industrial property at 3 Eddie Hagen Drive, Cato Ridge, sold for R 18m. “With the easing of Covid-19 restrictions, investors’ confidence seems to return and we are looking forward to three more months of successful trading in 2021.â€
For more information on any of these properties, contact In2assets at 0861 444 769 or email bid@in2assets.com. Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.
