3 Large apartments sold as a single investment | Next to Musgrave Shopping Centre | Zoning: General Shopping
The building consists of 3 apartments of ± 103 m², ± 106 m² and ± 111 m². The owner occupies one of the units however will vacate on transfer. The monthly rates are ± R2 250. Currently the owner pays for electricity and water. The property is located in a prime retail node along from Musgrave Centre with a high demand for residential accommodation.
Musgrave is a cosmopolitan suburb on the Berea. The Berea is a ridge above the city of Durban, KwaZulu-Natal, South Africa on the northern side which overlooks the city centre and the Indian Ocean. Some of the oldest mansions in Durban were built in this once forested area. Today, many of these have been converted into offices or made way for apartment buildings. The two main areas of the Berea are Musgrave and upper Glenwood which are separated by the N3 Western Freeway highway which leads into the city centre.
Viewing: 15 & 22 June from 13h30 to 14h30
To participate in this physical or online auction each bidder has to follow registration procedures which can be obtained from the attached Rules of Auction.
