Investment Commercial Retail Property For Sale

AUCT-000817 | On Auction

33 Hope Street, Kokstad, KwaZulu Natal

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Multi-Tenanted Commercial Property, 33 Hope Street, Kokstad

Extent: ± 4 087 m² | GLA: ± 2 500 m² | Gross Annual Income: ± R 1 900 000| Ample on-site parking | Further development land

Double storey building comprising of offices and shops situated within the Kokstad CBD. Leases in place until 2022. Ample on site parking as well as further development land.

The property is located on Hope Street, in the Kokstad Central Business District. This part of Kokstad comprises of predominantly a mixture of both commercial and residential properties. This area is easily accessed via the R56 (Hope Street). The property is located in a commercial node on the southern fringe of the central business district of the town of Kokstad, a small rural town that is located approximately 135 km north of Port Shepstone and is considered the Gateway to the Eastern Cape.

The surrounding neighbourhood comprises an assortment of commercial properties. All amenities are within a short drive of the subject property. These include municipal buildings, financial institutions, associated retail outlets and legal associations /businesses. Municipal services, firefighting, SAPS and emergency services are well represented in the area and are located within a 2km radius of the subject property.

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Commercial Type:
Commercial Building
Web Reference:
List price:
33 Hope Street, Kokstad, KwaZulu Natal
Property Extent:
4087 m2
Auction Venue:
The Durban Country Club
Isaiah Ntshangase Road
KwaZulu Natal
Auction Date:
21 November 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.
Auction Date: 21 November 2018 11:00 am

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