Retail Development Opportunity

AUCT-000915 | On Auction

767 Marine Drive, Bluff, KwaZulu Natal


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Retail Development Opportunity, 767 Marine Drive, Bluff, Durban

Well positioned retail investment property with approx. ± 2 840 m² extent | Consent use zoning for a Fuel Station | Ideal for a small retail or fast food outlet

LOCALITY
The subject property is located in the suburb of Brighton Beach, which forms part of the Bluff Township. Brighton Beach is surrounded by the suburbs Ocean View, Treasure Beach and Wentworth and Brighton Beach is positioned closest to the Bluff CBD. The area comprises some commercial activity, however it is essentially a coastal residential node with middle to up-market freehold dwellings.

Neighborhood centres are positioned in the immediate area, some at major road intersections. The property is situated within close proximity to all public facilities and amenities offered by the greater Bluff regions and all within a short driving distance. These include The Bluff Mall, The Bluff Shopping Centre, Bluff Country Club, Glenardies Primary School, Grosvenor Boys and Girls High Schools.

Marine Drive is the main coastal road part of the South Basin of KZN and lends convenient access to the Metro Route (M7) that links up with Edwin Swales VC Drive, which gives access to Jacobs Industrial Node and north onto Durban’s Central Business District. Easy access to the M4 via Quality Street can be obtained as well.

PRIMARY USE
This property was used as a fuel station many years ago and was since converted to retail. The property is a well-positioned retail investment or fuel station (by special consent) opportunity, however it can be ideal for a small medical Centre or fast food outlet. Currently on the property are two buildings, one which is not complete.

The property comprises the existing forecourt area, a retail unit with rear kitchen/store room and another retail unit with rear offices. An office component behind the retail components interlink or can obtain own access of the driveway. The office component consists of 4 offices and a large reception area. There is a separate office that is currently tenanted, operating as a salon. At the end of the driveway at split unit, the
building comprises a large workshop.

The second double storey building comprises a garage accessed from the driveway, a store room accessed from a driveway off Noel Road and the incomplete buildings. 180˚ Sea views if offered from the rear of the property

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

Commercial Type:
Commercial Building
Web Reference:
AUCT-000915
List price:
POA
Address:
767 Marine Drive, Bluff, KwaZulu Natal
Property Extent:
2840 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
17 April 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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Auction Date: 17 April 2019 11:00 am

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