Development Site for sale in Ladysmith | Property Specialists

AUCT-000623 | SOLD

78 Lyell Street, Ladysmith, KwaZulu Natal

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Prestigious CBD Development Site, 78 Lyell Street, Ladysmith

Extent: ± 4 047 m² | Opposite GAME Store

This prime development property has an extent of ± 4 047 m² and is situated on the corner of King Street and Lyell Street in a bustling trading area. Access to the property is via the N11 National Road which becomes Lyell Street as it passes through the CBD of Ladysmith, it is also this road that links Ladysmith to the town of Newcastle which is located approximately 108 km north of Ladysmith. The property lies in close proximity to the taxi station and is right opposite the Game Store and KFC Ladysmith.

Due to its location and surrounding of national retailers the site experiences high levels of vehicular and foot traffic making it an ideal spot for a prominent retailer or food outlet.

This well positioned property lies within the CBD of Ladysmith at the corner of Lyell and King Street. Ladysmith is a city in the Uthukela District of KwaZulu-Natal, South Africa and lies approximately 230 kilometers north-west of Durban and 365 kilometers south of Johannesburg. Important industries in the area include food processing, textiles, and tyre production. Ladysmith also acts as a commercial centre for the large surrounding farming district.

Easy access to the property is gained from the N11 National Road which becomes Lyell Street as it passes through the Ladysmith CBD. The N11 links Ladysmith to Newcastle and is accessed via the N3 National Road approximately 20 km west of the subject property.

All modern day amenities can be found within the Ladysmith CBD. Ladysmith is the seat for both the Alfred Duma Local Municipality and Uthukela District Municipality.

To participate in this physical auction each bidder has to follow the registration procedures.

Commercial Type:
Web Reference:
Final price:
78 Lyell Street, Ladysmith, KwaZulu Natal
Property Extent:
4047 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
KwaZulu Natal
Auction Date:
18 April 2018 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.

Property has been Sold

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