R1-billion property auction – In2Assets celebrates 10-year anniversary
In2Assets is a national auction house that specialises in commercial, industrial agricultural, and residential properties.
As part of its 10-year anniversary celebrations, In2Assets is launching a national auction event with over R1-billion worth of properties.
This auction will take place on 21 April at 11:00, with multiple properties available thanks to the support from several of the country’s biggest landlords and corporate owners.
We have highlighted five great properties as part of their April auction, below.
1. Warehousing near the Durban port at 116 Leicester Road, Mobeni
This warehouse is an A-grade logistics facility that is only 10km from the Durban port.
It boasts a lettable area of 12,178 square metres with multiple dock levellers, undercover loading facilities, and convenient access off two busy road frontages.
It is powered by its own substation that feeds 3-phase power with 2,500A available.
2. Warehousing facility 1km from Durban port at 36 Franks Avenue, Congella
This warehouse is a 2,722 square metre facility with additional yard area situated just 1km from the Durban port.
The warehouse offers drive-through access for trucks through two road frontages, and is equipped with a 400A power supply.
This property can be zero rated as it is currently let on a short-term lease.
3. Fully let Industrial property near Durban port at 475 Sydney Road
This industrial property offers a gross annual income of around R1.9 million.
Low vacancy rates in the immediate area and a generous 3,195 square metre gross leasable area make it a desirable investment opportunity.
4. Platformed industrial land in Durban South at 161 Beechgate Crescent, Southgate Business Park
This large, platformed industrial land in Durban South combines multiple portions of land into an incredible 72,241 square metres.
It is ideal for industrial warehousing developments, a truck depot, car storage, or logistics operations.
Available land in the Durban South is rare and highly sought after due to demand for port related activities which require storage for trucks & containers.
5. Warehouses or factories near King Shaka International Airport
This awesome property features a new, state-of-the-art manufacturing plant in the Ballito precinct.
It comprises three combined warehouses within a secure industrial park near King Shaka International Airport, and includes offices, ablution facilities, canopies, two gantry cranes, and almost 10,000A of power.
About In2Assets
In2Assets started with humble beginnings in 2012 and has expanded rapidly on a national level to sell over R5.5-billion worth of properties since its inception.
The In2assets team specialises in offering a variety of high-performing assets located near ports or with other logistical advantages, as well as general commercial and Industrial properties in desirable areas.
In2Assets also offers multiple listings in its unique “Dealroom” trading platform which includes A grade properties in all parts of South Africa.
The Dealroom is an exclusive and highly confidential transaction platform that discloses high value high profile properties to pre-qualified buyers via a encrypted property vault system.
Click here to learn more about the properties available from In2Assets.
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