by In2assets  |   December 14, 2023

Phoenix Durban's Premier Petrol Station

Phoenix Durban's Premier Petrol Station and Commercial Hub For Sale by Public Auction


In a rare and unparalleled opportunity, a prominent petrol station business, along with a Spar Express Store, Pharmacy, and other esteemed commercial tenants, is set to go under the hammer on February 15, 2024. Located in the heart of Phoenix, Durban, this high-profile commercial property promises an outstanding investment opportunity for prospective buyers.

The petrol station, boasting a remarkable pumping capacity of approximately 700,000 litres per month, has become a cornerstone of the community's fuel needs. Situated strategically in a prominent position, the property has established itself as a vital hub for both locals and commuters. Its unrivalled visibility and accessibility contribute to its status as a high-value commercial asset.

The accompanying Spar Express Store, Pharmacy, and other commercial tenants further enhance the property's allure, creating a comprehensive commercial ecosystem. The Spar Express Store is a testament to the property's adaptability and potential for sustained revenue generation.

The property auction will take place on February 15, 2024, and will be livestreamed from the prestigious Mount Edgecombe Country Club. This unique approach ensures that interested parties from around the world can participate in the bidding process, emphasizing the global appeal and recognition of the property's value.

"This auction presents a rare opportunity to acquire a prime piece of commercial real estate in one of Phoenix Durban's most coveted locations," says Rainer Stenzhorn, Marketing Manager at In2assets "The combination of a high-traffic petrol station, a popular Spar Express Store, a Pharmacy, and other established commercial tenants positions this property as an exceptional investment for discerning buyers."

The Mount Edgecombe Country Club as auction venue, known for its elegance and sophistication, serves as the ideal backdrop for this momentous event, underlining the prestige associated with the auction. Interested parties are encouraged to register for the livestreamed auction, where they can bid in real-time for this once-in-a-lifetime investment opportunity.

For additional information, please visit www.in2assets.com or contact Luke Hearn on lukeh@in2assets.com 

In2assets is a leading name in the South African auction industry, specializing in the sale of high-profile commercial and Industrial properties. With a reputation for transparency, professionalism, and successful transactions. In2assets is the go-to choice for investors seeking prime real estate opportunities and Sellers looking for a seamless, unconditional and conclusive business deal.