Retail, Showroom & Commercial Building Within Musgrave

AUCT-000959 | SOLD

77 Overport Drive, Musgrave, Durban, KwaZulu Natal


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± 829 m² Mixed Use Property, 77 Overport Drive, Musgrave

Total combined extent: ± 829 m² | Gross Lettable Area: ± 285 m² | Vacant occupation | Prime location with excellent exposure | Ample on-site parking | Situated opposite Overport City / The Atrium | 3 Access Points |
Access directly of Overport Drive

The property is subject to excellent exposure as it is positioned opposite the Overport City Mall / The Atrium within the busiest node bound by Musgrave, Essenwood and Overport. The property comprises of a double storey office building with a configuration of open plan and individual offices, an outbuilding and ample parking and yard area. The building has 3 access points and therefore can accommodate 3 different tenants. This property provides one with the opportunity for re-development or refurbishment of the existing building. This is an ideal property for office use, showrooms, retail or residential development.

The property is located approximately 120m from the intersection of Overport Drive and Ridge Road which is now known as Peter Mokaba Ridge, within the Musgrave suburb. This specific node is still viewed as a sought-after address. This node is bound by Musgrave Road to the East; Sydenham Road to the north and Berea Road to the south.

Musgrave is approximately 4 kilometres north / west of the Durban's Central Business District. The immediate neighbourhood is predominantly made up of commercial properties, upmarket residential properties and Overport Centre. This area is well known for its popular restaurants, coffee shops and offices. The surrounding properties are all similar older properties which are generally well kept, with some being upgraded and modernised.

Access to the property is directly off Overport Drive. The property is well appointed with regard to location and is in close proximity to all necessary amenities such as public transport facilities, schools; institutional centres; entertainment, shopping centres and the McCord’s Hospital.

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

Commercial Type:
Commercial Building
Web Reference:
AUCT-000959
List price:
Price undisclosed
Address:
77 Overport Drive, Musgrave, Durban, KwaZulu Natal
Property Extent:
829 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
24 July 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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