Manufacturing & Warehouse

AUCT-000877 | SOLD

296 King Cetshwayo Highway, Mayville, Durban, KwaZulu Natal


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Manufacturing & Warehouse, 296 King Cetshwayo (Jan Smuts) Highway, Mayville, Durban

Urgent Disposal

GLA of ± 3 016 m² | Current Annual Income ± R 1.2 Million | Prominent position

LOCALITY

The property is situated on the corner of King Cetshwayo Highway and Buro Crescent in the suburb of Brickfield which forms part of the Watervalpark area. The property enjoys convenient access to the N3 Freeway via Brickfield Road (Felix Dlamini Road) and the M10 Jan Smuts Highway.

The surrounding area is characterised by commercial and industrial buildings. Businesses in the area include SABS, Mall’s Tiles, Skyy Aviation Academy and Toyzone – Baby City Offices.

The property is in close proximity to the Brickfield Road / Overport commercial and retail hub which is always bustling and enjoys high volumes of vehicular and pedestrian traffic.

There is easy access to the Musgrave Shopping Centre and surrounding schools, including Durban Girl’s College and Durban Boy’s High. St Augustine’s Hospital, Entabeni Hospital and Parklands Hospital including all necessary modern amenities such as banks, dentists, supermarkets, pharmacies, offices and restaurants which are located within a 5km radius of the property. The property is close to public transport routes.

The Durban Central Business District is approximately 4km east of the property.

PRIMARY USE

This prominently positioned property is situated on the corner of King Cetshwayo (previously Jan Smuts) Highway and Buro Crescent in Durban Mayville commercial precinct. The property consists of ground level and first and second floors. There is a tenant on each of the floors occupying approximately ± 1 000 m² each.

Tenants pay for their own electricity through a prepaid card system managed by the property owner.

There is 3 Phase power with 63 Amps per floor.

Viewing: 28 February 2019 from 14h00 to 15h00

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

Commercial Type:
Commercial Building
Web Reference:
AUCT-000877
List price:
Price undisclosed
Address:
296 King Cetshwayo Highway, Mayville, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
13 March 2019 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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