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R 29 999 000 (1 463 365 EUR*)

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± 20013 m2

Drift Road, Canelands industrial property - Subdivided- Available for Sale - Verulam

Drift Road is our industrial site that we have subdivided into three portions.

Portion 2667 - *SOLD*

Portion 2668 – Available.

Portion 2669 – Available.

Just over 20,000 sqm available in total. Portion 2668 is 15,657 sqm. and Portion 2669 is 4356 sqm. Please note that these figures are as per the Deed Property Report , but will be confirmed once title deeds have been received.

Access road to property is on Drift Road, which is connected to Old Main Road. Distance from
property to R102 is 0.7kms. Two connections to King Shaka Airport vicinity and surrounding business
parks – Old Main Road (3.5kms); R102 (5kms).

Property Extent
2668 Of Portion 2203 Of The Farm Cottonlands No. 1575 – 15,657 Square Metres
2669 Of Portion 2203 Of The Farm Cottonlands No. 1575 – 4,356 Square Metres
Total Extent – 20,013 Square Metres.

Registration of Sub-divisions are available to serious buyers only

Plans for a warehouse with an office building on Portion 2669. This may possibly assist prospective buyers in some way in terms of ideas for development of the site.

The development is restricted to a maximum GLA of 1958 square metres on Portion 2669 according to the Rezoning Decision Notice attached. As an exercise we had an architect give us some basic plans of a warehouse with an office building. We asked for about a 1500 square metre total coverage at the time. These plans were done in 2018. But according to the Rezoning Decision Notice, which is dated August 2020, the maximum GLA is 1958 square metres, so considerably more square meterage can be achieved on Portion 2669.


Details
Listing Number: 

114036924



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