Commercial Block, 33 Crompton Street, Pinetown, Durban
Gross Building Area: ± 4 280 m² | 36 Basement parking bays | Gross Annual Income from Ground floor and First Floor: ± R1.5 Million | Other Tenants leases under negotiations | Zoned: General Commercial | Fully revamped and refurbished building | Positioned on busy street with high exposure to both vehicular and pedestrian traffic
The property is set on a level, rectangular site to the southern periphery of the Pinetown Central Business District. Pinetown forms part of the Inner West region of the eThekweni Municipality and is approximately 20 kilometres west of the Durban CBD and some 60 kilometres east of Pietermaritzburg. The immediate area comprises commercial properties of similar nature to the subject property which often comprise retail and office components. Crompton Street runs north & south and is the major route bisecting the city centre of Pinetown. It is a dual traffic carriage way and has high volumes of passing pedestrian and vehicular traffic.
The property is positioned at the corner of Crompton Street and Hill Street, enjoys good exposure and is centrally positioned and situated close to all necessary amenities. The property enjoys vehicular access off Crompton Street. There is secure basement parking.
Pinetown is ideally located and enjoys easy access to Durban Central as well as the Upper Highway area. Numerous good schools, popular shopping centres and public facilities are offered nearby. The neighbourhood offers affordable housing to first time home buyers, whilst also offering mixed use industrial activities in the surrounding suburbs of New Germany, Westmead and North Industria. The M19, M13 and N3 freeways are easily accessible.