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R49,000,000

Schenk Park

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Industrial park available for sale in New Germany, Pinetown

Fully tenanted industrial park in prime New Germany, just off Otto Volek Road. The park boasts reputable tenants like Manolis, Rentokil, New Laceys and a few others including a car dealership. All tenants have long-term leases and have been in place for several years, ensuring stability and consistent income. The industrial park comprises multiple large units spread across five buildings, with some units spanning multiple levels. With established, reliable tenants and a strategic location, this industrial park presents a compelling investment opportunity.

Located approximately 20 km inland from Durban, Pinetown, which initially began as a small town center, has evolved into a thriving industrial hub situated between Westville and Hillcrest in the western region of the eThekwini district. Spanning an area of 86.15 km2, Pinetown extends from the industrial suburb of Westmead in the west, along Josiah Gumede Road (Old Main Road) to Cowies Hill in the east. Renowned industrial suburbs like Westmead, Marianhill, and New Germany are integral parts of Pinetown, boasting world-class developments, warehouses, office spaces, and manufacturing facilities, attracting leading companies including automotive brands along the Old Main Road. Pinetown offers industrial tenants convenient access to major arterial routes such as the King Cetshwayo Highway, N2, N3, M7, and the M13, facilitating easy transportation via several major taxi routes within the area, thereby enhancing public transport opportunities.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
8,410m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Kingstons Real Estate website is accurate and up to date, Kingstons Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

695,944.35

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