“Exceptional” Vanderbijl Park Industrial Property Opportunities

Park Village Auctions has announced two back-to-back auctions for prime industrial real estate, each representing “exceptional investment opportunities.” That’s the word from PVA’s Clive Lazarus, who says properties of this calibre don’t come around often.

On Tuesday, 31 October, the first auction of the day commences at 11:30 a.m. at Fairbanks Industrial Park, 6A Fairbanks Street.

On the block will be a fully tenanted industrial park of six individually registered, sectional title industrial workshop units with offices and other improvements, measuring a minimum of 500 square metres each.

Clive says that the property is well-maintained, and its location Northwest of the Vanderbijl Park CBD and easy access to both the N1 and R59 highways add to its appeal.

Proceedings then move to 28A Daimler Street, where bidding on an impressive 8 349 square metre industrial-zoned property commences at 12:30 p.m.

The property boasts a recently constructed free-standing, triple-volume workshop, a relatively older engineering workshop with ancillary offices, a compressor room, staff ablution facilities, covered parking for approximately 36 vehicles, and a large yard area, among other improvements.

“28A Daimler Street lends well to steel fabrication and related engineering projects. Its workshop size, ample yard space and accessibility via Delfos Boulevard and the R57 southbound towards the Golden Highway make it particularly well-suited to developing and distributing large machinery.” Adds Clive.

As ever, Clive advises investors to view the properties, appointments for which can be made by calling 011 789 4375 or emailing auctions@parkvillage.co.za. Detailed information regarding each property is available on PVA’s website, www.parkvillageauctions.co.za, under the respective website references, 1383 and 1384.