Prominent Shopping Centre in Harding

AUCT-000751 | On Auction

10 Field Street, Harding, KwaZulu Natal


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Harding Shopping Centre, 10 Field Street, Corner Murchison and Field Street, Harding

Shopping Centre with National Tenants | GLA ± 4 585 m² | Extent: ± 4 047 m² | Gross Annual Income: ± R2.9 Million

This shopping centre comprises a mix of National Tenants with smaller retailers and a residential component. The main commercial segment of the property is made up of Jet Mart and Checkout which front onto the busy Murchison Street, within the Harding CBD. The residential component is made up of ± 8 Flats comprising of 1 and 2 bedrooms units. Tenants have been in occupation on this property for many years. With an estimated gross annual income of ± R 2 900 000.00 This property presents an ideal Investment opportunity.

The subject shopping centre is positioned at the corner of Murchison Street and Field Street. Murchison Street is the main street that runs through the town of Harding and therefore the subject property is exposed to high levels of vehicular and pedestrian traffic.

The property is located within the Harding Central Business District. Harding is a small town adjacent to the N2 and midway between Kokstad and Port Shepstone. Harding is set approximately 80km west from Port Shepstone. The area is positioned in the southern periphery of KwaZulu-Natal and approximately 210km south west of Durban.

The Harding Central Business District offers the majority of necessary amenities. Kokstad to the west and Port Shepstone to the east provide for any amenities that may not be in the immediate location. Harding is a town that supports the surrounding farms, essentially timber and sugar cane farms. The industrial area on the outskirts is off light industrial in nature. Surrounding this outlying established town are informal settlements that provide for blue collar workers.

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Commercial Type:
Commercial Building
Web Reference:
AUCT-000751
List price:
POA
Address:
10 Field Street, Harding, KwaZulu Natal
Property Extent:
4047 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
19 September 2018 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.
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Auction Date: 19 September 2018 11:00 am

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