Service and Retail Centre for Sale in Amanzimtoti

AUCT-001006 | On Auction

398 & 402 Andrew Zondo (Kingsway) Road, Amanzimtoti, KwaZulu Natal

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Suburban Service & Retail Centre, 398 & 402 Andrew Zondo (Kingsway) Road, Amanzimtoti

Property 1 extent: ± 1 264 m² (Vacant land) | Property 2 extent: ± 2 289 m² | Multiple tenants | 19 Retail units | 18 Office units | Gross Annual Income ± R 2 370 000

This prominent positioned retail and service centre offers the perfect opportunity for redevelopment on a busy road. The property comprises of 19 shops 18 offices, 30 open and undercover parking bays as well as an adjacent property currently used for public parking. The property currently generates a gross annual income of ± R 2 430 000. The properties are well positioned on Andrew Zondo Road in Amanzimtoti. The property enjoys easy access from the N2 National Route and is located approximately 500 meters from the Adams Road off-ramp.

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

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Commercial Type:
Commercial Building
Web Reference:
List price:
398 & 402 Andrew Zondo (Kingsway) Road, Amanzimtoti, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
KwaZulu Natal
Auction Date:
20 August 2019 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: 20 August 2019 11:00 am

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