Platformed Sites For Sale - Verulam

Industrial Property for Sale in Verulam.

Well-priced, large 99,000m2 industrial-zoned property just outside the Northern border of Cornubia.

The site is ready for further development now. The platforms are level, well-established (cut in the 1980s) and the whole property is secured by a brick wall and / or electrified fence which cost +-R2m in 2011.

Valuable infrastructure is already in place:

• Water & Main-line sewerage
• 500KVA power supply
• Roads (a mixture of gravel and tarred)
• Electric gate / guard hut
• Office building (+235m2)
• Factory building and covered storage (+1350m2):
• A Geo-tech survey has been completed

The existing platformed area totals +-41,748m2:

• Platform 1: +-8,168m2
• Platform 2: +-4,906m2
• Platform 3: +-13,052m2
• Platform 4: +-15,622m2

Note: Water and power need to be extended to Platforms 1,2 and 4

Location:
• About 1km from the Ottawa Station and adjacent to the Durban – Richards Bay railway line.
• The site’s location on the hill facing Cornubia could provide excellent branding opportunities for tenants • The property borders on residential areas, so a labour force of both skilled and unskilled workers is very close by.

R48,015,000,00 equates to just R485 / m2 for the full 99 000 Erf and R1150/m2 on the platforms.

There’s an existing tenant on one of the 4 platforms, and therefore sold as a going concern.

Father detailed information available on request