Contemporary Commercial Property

Contemporary Commercial Property

AUCT-000784 | SOLD

46 Crart Avenue, Durban, KwaZulu Natal


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Contemporary Commercial Property, 46 Crart Avenue, Davenport, Durban

GBA: ± 520 m² | 19 On-site parking bays | 33 Seater theatre

LOCALITY

The property is located in the suburb of Bulwer, which is bound the suburbs of Glenwood, Berea and the Umbilo Precinct. The property is prominently located on the corner of Crart Avenue and Clark Road which links to the Metro Route (M11) Moore Road thus lending convenient access to and from Durban’s Central Business District and all main beaches. The suburb is flanked to the north by the Western Freeway/N3 Freeway. The suburb is located on the outskirts of Durban’s CBD and close to the upmarket suburbs of Musgrave and Essenwood.

The suburb is an interesting mix of both ‘old and new’ accommodation types. Many of the original Victorian dwellings are still in place and the presence of mixed-use type accommodation seems to have blended well with the neighborhoods demographic profile. Small commercial nodes are established at major intersections. These are mostly geared towards boutique type retail accommodation, restaurants and small to medium sized office suites. The industrial area of Congella is only a kilometer east.

The properties micro location is good as it is situated below the Natal University, and all the public facilities and amenities offered by the greater Berea region are within a short driving distance. These include Berea Centre, Davenport Centre, Musgrave Centre, Entabeni Hospital and St Augustine’s Hospital and the Glenwood High School. Durban Central is located 3km east and offers all modern day amenities and public facilities.
The area is fully serviced with tarred roads, sewerage, refuse removal and Telkom networks.

PRIMARY USE

The property is very contemporary in its design and its modern exterior and vibrant colour makes it stand out from the rest of the properties along Clark Road. There is currently a month to month tenancy in place.

The property holds a major trump card as it has approx. 19 secure onsite parking bays which is very seldom the case with properties in this area.

The erf size is ± 944 m² with a total Gross Building Area of around ± 520 m² and FAR 1. This means that there is an opportunity to build an additional ± 300 m². The property boasts a 33 seater theatre.

Durban is the largest city in the South African province of KwaZulu-Natal and the third most populous in South Africa after Johannesburg and Cape Town. It is also the second most important manufacturing hub in South Africa after Johannesburg. Located on the east coast of South Africa, Durban is famous for being the busiest port in the country. It is also seen as one of the major centres of tourism because of the city's warm subtropical climate and extensive beaches.

Viewing: 10 October - 14h00 to 15h00

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

Commercial Type:
Commercial Building
Web Reference:
AUCT-000784
List price:
Price undisclosed
Address:
46 Crart Avenue, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
25 October 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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Property has been Sold

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