Commercial Retail Investment Property Amanzimtoti

AUCT-000990 | On Auction

1 Athlone Place, Athlone Park, Amanzimtoti, KwaZulu Natal


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Retail Investment, 1 Athlone Place, Athlone Park

Sectional title retail unit | Extent: ± 308 m² | Three tenants | Current gross rental income: R 26 500 per month

This frontline property forms part of the sectional title scheme known as Athlone Court. The property is currently hosting three individual tenants with some of them on long term leases. The retail centre offers various service and retail outlets and there is plenty of parking in and around the centre.

Athlone court is situated in Athlone Park, which is part of Amanzimtoti and is an affluent residential area. The property will be sold on auction terms and prospective purchasers must fulfill certain conditions. Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers, and the annual sardine run attracts many to the Tycon beaches.

Commercial Type:
Retail Space
Web Reference:
AUCT-000990
List price:
POA
Address:
1 Athlone Place, Athlone Park, Amanzimtoti, KwaZulu Natal
Property Extent:
308 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 August 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: 20 August 2019 11:00 am

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