Commercial Building in Umzumbe

AUCT-000099 | On Auction

Umzumbe, Umzumbe, KwaZulu Natal


Please login or register for property info pack.

Historical National Landmark Property, St Elmos, Umzumbe, KwaZulu-Natal

St Elmos Monastery - An unrivaled development opportunity | Extent where St Elmos buildings are situated: ± 8.2339 ha zoned as Public and Administration | Extent of vacant land which forms the seaside property: ± 7 245 m² proposed zoning Residential 2 ¬ Medium Density Housing | ± 9 500 m² buildings under roof some of which are of historical value| Possible conversion to Hotel Resort, Boarding School, or Health Clinic or Residential | St Elmo’s was erected in stages as from 1918 until 1939 as a Catholic convent which was used as a retreat for the nuns of the Third Order of St Dominic as well as a remedial school for children with learning disabilities. With the subsequent cut of government subsidies to institutions, the Convent was forced to close down in 1994. The name of St. Elmo is attributed to an Italian derivation of Saint Elmo or St. Erasmus (circa 300 A.D.), the patron saint of the early Mediterranean sailors challenging the powers of storm and sea in small sailing vessels. St Elmos is situated in Umzumbe on the East Coast of Southern Africa in the province KwaZulu-Natal which is approximately 100 kilometers from Durban and 1 kilometer from Umzumbe Beach which has an international “ Blue Flag” rating. The property consist of numerous outbuildings with a total GBA of approximately ± 9 501 m² on a footprint of ± 72 339 m² with an additional proposed subdivision of ± 7 245 m² which is the private beach property with direct access to the Indian Ocean. Plans have been drawn for a resort development.

Commercial Type:
Commercial Building
Web Reference:
AUCT-000099
List price:
POA
Address:
Umzumbe, Umzumbe, KwaZulu Natal
Property Extent:
8.2 ha
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
12 November 2015 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
SAVE
PRINT
DIRECTIONS
Auction Date: 12 November 2015 11:00 am

Participate in our next upcoming combined auction and enjoy maximum exposure in the market place.