NEW SOLE MANDATE - Tyson Properties are pleased to offer this freehold property FOR SALE
The subject property is commercial zoned, located on the northern fringes of Pinetown's central business district and midway between the residential suburbs of Fields Hill/ Manors/ Padfield Park, the service-industrial sector of New Germany and the retail-plus-transport node (rail, bus and taxi) of Pinetown's central business district.
The immediate environs is dominated by the Life Crompton Private Hospital near adjacent on its northern flank (separated by one commercial erf, similar to the subject property, and a side road, Morgan Road only 50 metres away). The balance is a mix of public open space (large park opposite) and low rise commercial buildings of predominantly office space. The Pinecrest neighbourhood shopping centre is 450 metres west of the subject property.
Multi Tenanted - Currently fully tenanted with a return of approximately R40k per month.
Building 1 - Total GLA - 103m2 (Consisting of Ground and First Floor)
Building 2 - Total GLA - 533m2 (Consisting of Ground and First Floor)
Ample secure parking available consisting of 8 x undercover parking and open parking.
Pinetown is a middle to upper class suburb situated between Westville and Kloof. It was originally established around the Wayside Hotel in 1850 as this was a stop-off point along the main wagon route between Durban and Pietermaritzburg. It was named after the Governor of Natal at the time, Sir Benjamin Pine.
The area used to be perceived as a light industrial town but in recent times this has changed and Pinetown...
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