
R42,000,000
Investor Land Opportunity in Springfield Park
Investor Property Opportunity
Achieve 9.5% return p.a.
Springfield Park land for sale for R42 Million.
Extent: 20,000m2
Hardened & level & full extent of the land can be utilized.
The property is located on the Inanda side of Springfield Industrial area. Neighboring Umgeni Business Park have experienced high demand from end users in recent years due to its close proximity to the city of Durban, the port, N2/N3 freeways and North Coast Road Industrial areas. It is close the the industrial areas of Riverhorse, Springfield Business Park & Briardene.
Situated at the end of a cul-da-sac and fully fenced with a 2.4m palisade concrete fence.
The surrounding area is comprised of mostly large factories/warehouses and sectional title industrial complexes.
The property is located approximately 10kms from the centre of Durban.
- 3 Phase Power
- Flood lights
- 4 Separate water & electricity meters on site
- 2 Ablutions
- Guard hut
Tenants are currently occupying the vacant land for their vehicles until mid 2020.
This land would be an ideal property opportunity for an investor.
The zoning is general industrial which allows for a wide range of uses. It has significant advantages as it has no side or rear space restrictions and allows for unlined bulk to be built on the site. The 25m height restriction allows for a multi-storey design or for prospective purchasers who have unusual height requirements.
For more info or to view, please contact
Liz Savage or Lindsay Bulmer at Campbell Property Group.
Land for sale Springfield Park
Investor land opportunity
Industrial land for sale
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Disclaimer: While every effort will be made to ensure that the information contained within the Campbell Property Group website is accurate and up to date, Campbell Property Group 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.