Silo Park

SILO Industrial Park is a light industrial property development securely situated within the new North Point Ballito precinct on KZN’s North Coast. This sectional title scheme boasts contemporary architecture that functions efficiently for an array of business operations. Construction is expected to commence July 2021 with completion scheduled for February 2022.

SILO Industrial Park offers 32 x individual units varying in sizes from 95m² up to 416m² with a combined total sectional title area of 5,615m², please note that our Architects are able to adjust unit sizing to suit your Client’s bespoke requirements. The development is located a mere 5km from central Ballito and 23km from the King Shaka Airport, with direct access onto both the R102 and N2 freeway (see locality map hereunder).

This co-development offers Investors and End-users the opportunity to acquire practical and versatile industrial space at cost price through FWJK’s proven co-development at cost methodology. In short, this means units are sold at cost price with no added Developer’s profits nor transfer duties. Units are available from R 799,000.00 excluding VAT and including Broker’s commission at 3% of the VAT exclusive selling price. Broker’s commission is due and payable at 50% upon registration of the development bond at first draw-down and the balance due and payable upon registration of transfer.

A full Selling Price Schedule and Development Pack have been attached hereto for your information and record. All pertinent development details are contained therein and our Team at FWJK are available to assist with any queries you and/or your Clients may have.

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