Platformed Land To Let - Hammarsdale
R100,000.00 (rental)
Hammarsdale, Highway Areas, Kwazulu Natal
Property Information
CODE : | PP4788 |
Rental Price : | R100,000.00 |
Ownership : | Freehold |
Land Size : | 20000m² |
Description
The subject property is situated 500m off the Mr385 Road, a major arterial road that bisects and traverses the Hammarsdale node. Two platforms of approximately 10 000m2 each have been cut and secured with perimeter concrete pallisade fencing. With The Hammarsdale intersection upgrade as well as the new 5 lane improvement to the Mr385 this node will see vast growth as tenant sentiment picks up in the coming months.
Hammarsdale is characterized by industrial properties and surrounding small scale farming. The subject property is positioned just off the MR385 Main Road / Mthoko Mkhize into Hammarsdale, approximately 2km from the new MR PRICE Distribution Centre and Keystone Park.
The general neighbourhood comprises predominantly similar, medium to large industrial warehousing for manufacturing type uses. The property is well located to the blue collar and informal housing area Mpumalanga. Most amenities are available at the brand new shopping mall known as the Hammarsdale Junction which is positioned approximately 5km from the property.
Currently rentals are at R5/m2 as is, however improvements can be implemented and amortized across rental.
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Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.