Service and Retail Centre for Sale in Amanzimtoti

AUCT-001006 | On Auction

398 Kingsway / Andrew Zondo Road, Amanzimtoti, KwaZulu Natal


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

Property 1 extent: ± 1 264 m² | Property 2 extent: ± 2 289 m² | Multiple tenanted | 19 Retail units | 21 Office units | Gross Annual Income ± R 2 430 000

This prominent positioned retail and service centre offers the perfect opportunity for redevelopment on a busy road. The property comprises of 19 shops 21 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 1 590 000. 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:
AUCT-001006
List price:
POA
Address:
398 Kingsway / Andrew Zondo Road, Amanzimtoti, KwaZulu Natal
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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