PROPERTY FUND RELEASE HIGH DEMAND CBD PROPERTIES

For decades Durban properties are largely ‘kept within the family’ and very rarely are buyers afforded the opportunity to acquire these. It is therefore incredibly exciting for In2assets to be mandated to sell not one, but three well positioned CBD retail properties at its upcoming auction on 6 December 2016.

PROPERTY FUND RELEASE HIGH DEMAND CBD PROPERTIES

For decades Durban properties are largely ‘kept within the family’ and very rarely are buyers afforded the opportunity to acquire these. It is therefore incredibly exciting for In2assets to be mandated to sell not one, but three well positioned CBD retail properties at its upcoming auction on 6 December 2016. These properties have been in the family’s keep for decades and have never been offered to the market before.

In brief these three properties are:

  1. 329 Monty Naicker (Previously Pine) Street: A two shop retail building within a high foot traffic node
  2. 86 Ingcuce (Previously Albert) Street: Three buildings with a mixed usage which include light industry, retail and residential components
  3. 44 Johannes Nkosi (Previously Alice) Street: A tall building alongside a large taxi rank which hosts retail and light industry tenants

This family fund, which consists of a large number of shareholders, chose to market these properties through an auction process for a number of reasons which include:

  1. The security of a Reserve Price
  2. The transparent nature of the transaction
  3. The defined timelines
  4. The broad based marketing strategies employed by In2assets
  5. The unconditional aspect of the sale
  6. The opportunity for any member of the public to participate

To receive a concise marketing brochure on any of these properties please contact:

In2assets on 031 574 7600 Website: www.in2assets.com or Carl Kleinhans on 082 467 5664 email: ckleinhans@in2assets.com

Posted by In2Assets