In2assets presents a commercial investment opportunity when they auction 22-24 Burlington Drive, Shallcross, on July 20 at 11am.
In2assets presents a commercial investment opportunity when they auction 22-24 Burlington Drive, Shallcross, on July 20 at 11am.
The live and online auction for the property, part of a deceased estate, will be held at Mount Edgecombe Country Club.
This commercial suburban mixed-use property is positioned approximately 750m from the Ridge Shopping Centre in Shallcross, Chatsworth, and shows potential to be converted into a retail facility.
The property comprises six mini factories or workshops, five apartments, ample yard/parking areas, storage rooms and further development land.
It is well maintained with the two main buildings having slabbed roofs for increased development in height, however, all municipal approvals and consents must be obtained.
Building 1 features:
A mini-factory, accessed via 2 roller shutter doors, with a mezzanine office level.
Ablution facilities.
A second workshop facility positioned at the rear, accessed via a roller shutter door.
At split level between the ground floor and upper floor, the property consists of a smaller mini factory with attached storage room. This level also allows access to a storage facility at the rear.
The upper floor comprises of two mini-factories, each with ablution facilities, kitchenette and drywall partitioned offices.
Building 2 comprises:
Two mini factories/workshops on the ground floor, each accessed by roller shutter doors, with own ablution facilities.
One of the mini factories/workshops further comprises an office that opens out to a covered parking area.
There are five residential apartments positioned on the first floor of this building.
There are four two-bedroom apartments and one three-bedroom apartment.
Each apartment features a lounge, dining room, bathroom and kitchen with built-in cupboards and fitted stoves.
In addition, there is approximately 1500m² of development land on the eastern boundary of the property.
Bids can be submitted remotely via the In2assets online bidding platform.
Viewing is by appointment. For more information about the property, contact Virend Deonarain on 071 383 1735 or 031 574 7600 or email vdeonarain@in2assets.com
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