Tenanted Retail Investment

AUCT-000809 | On Auction

Unit 3A & B Silverstone Way, Douglas Crowe Drive, Ballito, KwaZulu Natal


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Tenanted Retail Investment, Unit 3A & B Silverstone Way, Douglas Crowe Drive, Ballito

Corporate Disposal

Locality

SS Silverstone Way is situated within Ballito Business Park and adjacent to Ballito Lifestyle Shopping Centre. This popular developed commercial node is set between the N2 National Freeway and the M4 Metropolitan Road on the Dolphin Coast of KwaZulu-Natal. The scheme is located on Douglas Crowe Drive.

The node comprises an interesting mix of property uses which include office; retail; small scale industry and showroom accommodation. The park is developed and has seen rapid growth and investment over the past few years. The surrounding sites comprise newly constructed developments. The property enjoys good exposure.

Douglas Crowe Drive is accessed directly from the M4 which links to the N2 National Freeway. The local vicinity offers all necessary modern day amenities and public facilities. There are other shopping centres within walking distance, namely; The Ballito Junction; The Well and the Ballito Bay Mall. The new King Shaka International Airport is only a 15 minute drive south.

Primary Use

This property is a ground level retail showroom which is currently tenanted with a Gross Annual Income of ± R428 000.

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Commercial Type:
Retail Space
Web Reference:
AUCT-000809
List price:
POA
Address:
Unit 3A & B Silverstone Way, Douglas Crowe Drive, Ballito, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
21 November 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: 21 November 2018 11:00 am

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